Solopreneur Money: Recent Episodes
Gabe Nelson, CFP®
If you are a successful solopreneur, consultant, independent contractor or gig worker this podcast is for you. You'll get simple, straightforward tips to help you master your finances and action items to help you be a better business owner, a better spouse, a better parent, and ultimately a better you. Join Solopreneur finance expert, Gabe Nelson for the journey!
Changes are a part of life, they are a part of business, and they are a part of growth. Once again, the time has come for me to make some changes.
If you are curious about the changes I’m making, press play to hear what’s coming next. Stick around to discover how you can apply these changes to your own life so that you can master your finances and live the life you want.
You will want to hear this episode if you are interested in... * The reasons I’ve decided to pause [1:02] * Taking a look at your own situation [8:35]
Resources & People Mentioned * Episode 29 - How I Built My Band - Meet Vicky Sawyer * Podcast Fast Track
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram:@GabeNelsonCFP
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f you are stuck somewhere and feel that you can’t move ahead, you may need more intentionality. Remember Alee Bly from episode 99? She is back on Solopreneur Money today to discuss her new book, The Sustainable Brain.
Listen in to hear how to chart your path with intention to create a sustainable life.
You will want to hear this episode if you are interested in... * Aree’s story [1:22] * The process of writing her book [5:28] * What the Sustainable Brain is about [11:16] * The Money questions [25:33] * My takeaways [32:42]
Resources & People Mentioned * Episode 99 - Aligning Your Life with Your Vision and Values with Aree Bly
Connect with Aree Bly * Aree on LinkedIn * AreeBly.com * BOOK - The Sustainable Brain by Aree Bly * Dive into Sustainability course - Use the code SoloMoney24 to access the course for FREE!
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram:@GabeNelsonCFP
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For the first time on Solopreneur Money, I have a fellow financial advisor join me. Curious about what we discuss? Listen in to hear Kaitlyn Carlson’s take on finances for female solopreneurs.
You will want to hear this episode if you are interested in... * Kaitlyn’s story [1:22] * How is working with the one percent different from everyone else [5:58] * Who Kaitlyn serves now [9:31] * The stumbling blocks her clients have to achieving their goals [15:50] * How to build a business while saving [21:20] * The money questions [27:35] * My takeaways [31:44]
Connect with Kaitlyn Carlson * TheoryPlanning.com * @TheoryPlanningPartners on Instagram
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram:@GabeNelsonCFP
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If you want to grow your business you’ll need to build relationships to do so. Christina Renzelli has had to learn to do that the hard way.
In her experience as a solopreneur she learned how to build genuine business relationships through networking–and it wasn’t by passing out business cards.
Press play to learn how to improve your networking skills.
You will want to hear this episode if you are interested in... * Christina’s story [1:22] * How to create genuine relationships as a solopreneur [8:14] * What solopreneurs need to avoid to become better networkers [9:50] * The first steps of networking [14:44] * What comes next [19:11] * The money questions [23:21]
Connect with Christina Renzelli * Richly Successful Solopreneur podcast * RichlySuccessful.com
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram:@GabeNelsonCFP
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Sometimes we have clients that just aren’t the best fit. Whether they are outside your niche, have unreasonable expectations, or are abusive to you and your team, it’s time to let them go. But how do you do that?
On this episode of Solopreneur Money, we’ll explore how and when to fire your clients. If this issue has ever crossed your mind, listen in to discover what you should do.
You will want to hear this episode if you are interested in... * How to know it’s time to fire your client [1:22] * 2 ways to do it [3:23]
Resources & People Mentioned * Episode 173 - When to Fire Your Contractors
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram:@GabeNelsonCFP
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As a solopreneur, working with contractors is a fantastic way to expand your business and take a load off your plate without having to hire official employees.
However, there may come a time when you need to part ways. If you are seeing a lack of results or objectives met then it may be time to fire your contractor. In this episode of Solopreneur Money, I’ll describe a couple of recent situations where I have had to do just that.
Listen in to learn what you should expect from contractors, how to know when to fire them, and how to go about firing them.
You will want to hear this episode if you are interested in... * Clearly laying out your scope and expectations from the beginning [1:22] * Knowing when to fire your contractors [3:18] * How to fire your contractors [4:44]
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram:@GabeNelsonCFP
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Are you interested in becoming a citizen of the world? Breaking free from the constraints of life in the United States can open your eyes to the greater world.
You may remember Declan Oceguera from episode 59, however, his life has radically changed since I first chatted with him. Declan manifested a new reality for himself by discovering a way to move to Portugal in less than one year! Want to hear how he did it? Press play to find out.
You will want to hear this episode if you are interested in... * How Declan’s story is different from the last time he was on [1:22] * What it takes to get started [15:30] * Next steps [37:31] * Putting the universe to work for you [45:24] * The money questions [49:48]
Resources & People Mentioned * Episode 59 - Unmuting Yourself, Get On Camera with Rich Oceguera
Connect with Declan Oceguera * Declan on LinkedIn * Declan on Twitter * The Visionary Voyager LinkTree
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram:@GabeNelsonCFP
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As you move into the new year, you’ll want to start the year off right. This means planning for taxes and savings. In this episode, you’ll learn how to optimize your retirement savings by taking full advantage of the updates to your retirement plans provided by the Secure Act 2.0. Listen in to hear what you can be doing to maximize your savings.
You will want to hear this episode if you are interested in... * The Secure Act changes taking place [1:22] * Required minimum distributions [4:33] * Catching up on catch-up contributions [7:32] * Changes to 529 plans [10:01] * Paying off student loans [11:46] * Using hardship withdrawals [12:44]
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram:@GabeNelsonCFP
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If you want to get 2024 off to a good start, you’ve got to do some planning to make it happen. In this episode of Solopreneur Money, we’ll take the information you learned from the last episode about how your year went to plan for next year.
Make sure to start off on the right foot, listen to this episode to hear how.
You will want to hear this episode if you are interested in... * Considerations as you move forward into the next year [1:22] * Use your life wheel to plan for changes [4:21] * Review your plan [10:12]
Resources & People Mentioned * Episode 169 - Solopreneur’s State of the Union End of Year Review and Financial Planning
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram:@GabeNelsonCFP
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As we come to the end of the year, it is a good time to reflect on what has worked and hasn’t in your life and business over the past 12 months. Throughout the next few episodes, we’ll veer from our typical interviews to do some reflection and planning with some solopreneur business tips.
Listen to this episode to hear how to use the life wheel to consider your past year and think about the year ahead.
You will want to hear this episode if you are interested in... * Use the life wheel to reflect on your past year [1:22] * Your health [5:16] * Family and friends [7:58] * Your business [13:40] * Your finances [17:37]
Resources & People Mentioned * BOOK - Why We Sleep by Matthew Walker * Episode 168 - How to Realize the Dream of Living in another Country without Losing Your Mind and Money
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram:@GabeNelsonCFP
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George Pieper knows a thing or two about following his dreams. He’s been living in Spain for the last two years after retiring in 2021. On this episode of Solopreneur Money, he’ll show us how we can retire to another country without losing our minds or our money in the process.
If you’re like me and have the itch to go abroad, you won’t want to miss this informative episode from someone who has put in the work to do things right. Press play to hear what you can learn from George Pieper about realizing your dream of moving abroad.
You will want to hear this episode if you are interested in... * George’s story [1:52] * What is different about living in Spain [12:08] * How George feels about living in Spain [16:30] * Money lessons [19:19] * Logistics [23:44] * How to handle taxes [32:46] * The money questions [44:28] * My takeaways [54:44]
Connect with George Pieper * Geefab.com
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram:@GabeNelsonCFP
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Are you a solopreneur who is amazing at your job but not so amazing at sales and marketing? If so, you’ll want to make sure to listen to this interview.
Mike Begg is an expert in e-commerce and digital marketing who helps coaches and other solopreneurs increase their lead flow and improve their sales. If you are ready to explore how you can close more deals using an outsourced sales organization, then press play to hear how Mike helps his clients.
You will want to hear this episode if you are interested in... * Mike’s story [1:22] * How Mike realized he was good at the marketing piece [7:22] * The money questions [19:02]
Connect with Mike Begg * Magnifyde * Mike on Instagram * Mike on Linkedin * Mike on Twitter
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Have you ever wished you could change the world? If you could fulfill your mission and purpose you might be able to change it in your own tiny way.
My guest today, Virginia Lacayo is a lifelong activist tackling systemic change. She has a fascinating background and is here to show us how to design our businesses to fulfill our mission while generating a profit.
You won’t want to miss this powerful interview. Press play to listen.
You will want to hear this episode if you are interested in... * Virginia’s story [1:32] * Designing your purpose [9:48] * Listening to your heart [24:44] * The 4 traits needed to shock the system [29:12] * The money questions [34:54] * My takeaways [43:22]
Connect with Virginia Lacayo * Making It Massive on Substack * Massive * Virginia on LinkedIn
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram:@GabeNelsonCFP
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What if the career that you spent your entire life working towards wasn’t actually a good fit for your life and values? Erica Holthausen was confronted with exactly that dilemma after working for years as a successful attorney.
In this episode, you’ll hear how she pivoted from her law career to becoming an accomplished writer and editor and finally to creating her own solopreneur business. Listen in to hear what she learned along the way and learn how to use writing as a tool to further your business.
You will want to hear this episode if you are interested in... * Erica’s story [1:22] * When she made the change [11:43] * What you need to know to start freelance writing [15:25] * The money questions [27:50]
Resources & People Mentioned * MOVIE - A Man for All Seasons * BOOK - The Trade by Lon Stroschein
Connect with Erica Holthausen * Erica on LinkedIn * CatchLineCommunications.com * Catchline Communications Editorial Calendar
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram:@GabeNelsonCFP
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Would you like to find a way to cut the time you spend working on your business in half? Kristen Youngs has found a way to optimize her business systems using automated tools. On this episode of Solopreneur Money, she’ll teach us three core systems that we can use to help automate and free up our time.
You will want to hear this episode if you are interested in... * Kristen’s story [1:32] * 3 core systems to maximize your business [9:51] * How long it takes to set up these systems [29:20] * The money questions [32:01]
Resources & People Mentioned * Pat Flynn’s podcast * Calendly * Jotform * Help Scout * Active Campaign
Connect with Kristen Youngs * Scale It Solo
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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There aren’t many people who can match my energy level that come on this podcast, but today Jay Kalryzian does that and more. Jay is a parenting coach and founder of the Zen Dad Method - a comprehensive guide for dads to become intentional parents.
Many dads struggle to ask for help. They figure that they have to do everything themselves, but finding the right help can be a game changer. Jay’s expert parenting knowledge shines through in this episode. Press play to listen.
You will want to hear this episode if you are interested in... * Jay’s story [1:22] * How he got started [7:34] * What the Zen Dad Method is [10:42] * Fundamental changes with the Zen Dad Method [18:24] * Recovery is essential [24:11] * The money questions [31:56] * How to find Jay [44:30]
Resources & People Mentioned * Flow Research Collective
Connect with Jay Kalryzian * Zen Dad Method on YouTube * Jay on Instagram * Jay on LinkedIn * Jay’s FREE book offer * Zen Dad Method
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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We all have assumptions about money and if we let them, those assumptions will define our relationship with money. To change your relationship with money you’ll have to face your assumptions.
Tom Rosenak works with clients to expand their business performance by building their relationships, expanding their influence, and improving their communication strategies. Tom is also the author of Your Momentum Playbook which teaches readers how to get unstuck to release greater flow both personally and professionally.
On this episode of Solopreneur Money, Tom will show us how to break free from the restraints of our assumptions surrounding money to create clarity and gain freedom and power.
You will want to hear this episode if you are interested in... * Tom’s story [1:22] * The Diamond Acres story [6:08] * How to gain momentum by gaining an emotional relationship with money [7:22] * How to process the but box [18:35] * The money questions [28:26] * Contact Tom [36:48]
Resources & People Mentioned * BOOK - How to Stop Worrying and Start Living by Dale Carnegie * BOOK - How to Master the Art of Selling by Tom Hopkins
Connect with Tom Rosenak * Diamond Mind Enterprises * Tom Rosenak on LinkedIn * A Leadership Beyond Podcast * Your Momentum Playbook
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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What are your money and resources even for? How are you aligning your wealth and resources with your purpose in the world?
Astrology can help you open your mind, learn more about yourself, and understand your purpose in the world.
Before I met Robin Wald I had never had an astrology reading. You may remember Cosmic Wisdom Coaching’s Robin Wald from episode 64. In this episode, Robin returns to Solopreneur Money to perform a reading with me as the test subject. Listen in to hear what she helps me discover.
You will want to hear this episode if you are interested in... * Robin’s story [1:32] * The next steps after astrology [9:12] * My astrological reading [15:16] * The money questions [44:06]
Resources & People Mentioned * Episode 64 with Robin Wald
Connect with Robin Wald * RobinWald.com * Robin on YouTube * BOOK - My Jupiter for Personal Growth and Purpose by Robin Wald
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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They say that everyone has at least one book in them. Are you getting stuck by the common myths and misconceptions that people have about publishing books?
Ben Gioia is a four-time best-selling author who has been on Solopreneur Money before. He is here today to identify and dispel the misunderstandings that stop books from getting finished. If you have had writing a book on your to-do list, listen in to hear how you can get it done.
You will want to hear this episode if you are interested in... * Ben’s story [2:02] * The biggest myths and misunderstandings that stop books in their tracks [12:47] * Where to go to publish your book [22:40] * The money questions [30:42] * How to connect with Ben [34:11]
Resources & People Mentioned * Episode 53 - 5 Weeks to Writing a Bestseller
Connect with Ben Gioia * Ben on LinkedIn * Ben on Instagram * InfluenceWithaHeart.com * PodcastAndBook.com
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Are you having any fun in your work life? Creating space for play in your daily routine can elevate your work experience.
Kendall Wallace knows a thing or two about play. She creates authentic travel adventure retreats for solopreneurs. Her work is designing play for others.
Join me for this fun-filled interview with Kendall. Learn how to add fun to your life by turning the mundane into an adventure.
You will want to hear this episode if you are interested in... * What Kendall does now [1:22] * Kendall’s favorite place and scariest experience [7:21] * How to insert play into the daily grind [12:58] * The money questions [22:30] * How to connect with Kendall [28:55]
Resources & People Mentioned * BOOK - Shoe Dog by Phil Knight * BOOK - Soul of Money by Lynne Twist * Mint * BOOK - Profit First by Mike Michalowicz
Connect with Kendall Wallace * Authentic Travel Adventures * Kendall’s email: kendall@authentictraveladventures.com * ATA on Instagram: @authentictraveladventures * Kendall on Instagram @kendallwallace123
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Do you feel like there’s something more out there? Maybe you have a great life and a great job, but you have a nagging feeling that there is more out there for you. You may not know what it is you want but you know it’s something different.
Lon Stroschein had a job that others would love to have and they offered him more. But instead of taking it, he walked away. As he did so he learned 4 steps to take to shift from the life he had to the life he wanted. Listen in to hear how Lon walked away from more money than he had ever made before to pursue a more fulfilling life.
You will want to hear this episode if you are interested in... * Lon’s story [1:22] * Asking what’s more [6:36] * Don’t forget how to dream [12:49] * What prevents you from moving forward [22:55] * The money questions [26:41]
Connect with Lon Stroschein * BOOK - The Trade by Lon Stroschein * Normal 40 * Lon on LinkedIn
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Is the biggest hurdle to success in your business you? Oftentimes it’s our own fears that are holding us back from achieving our highest levels of success.
Jessica Fearnley knows all about thinking small, but thankfully she was able to overcome her small-mindedness to achieve major successes with her coaching business.
Learn what you need to do to get over yourself and grow past your fears. Press play to listen to this inspirational interview.
You will want to hear this episode if you are interested in... * Jessica’s story [1:22] * Where crying in the kitchen came from [5:52] * Started small [16:23] * Use your intuition [24:23] * The money questions [29:32] * How to connect with Jessica [38:20]
Resources & People Mentioned * BOOK - The Big Leap by Gay Hendricks * Episode 145 - Back to Basics: Debt Liquidation
Connect with Jessica Fearnley * JessicaFearnley.com * Jessica on LinkedIn * Jessica on Facebook * Get the The Six Elements of a Seven Figure Business
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Serena Dodd is on a mission to help business owners unlock their full potential by cultivating a strong, resilient mindset.
Serena understands the challenges of trying to navigate the ever-changing landscape of business while also trying to maintain a healthy work-life balance. For years, she struggled to find the right balance between pushing herself to achieve success and taking care of her mental and emotional well-being. It wasn't until she discovered the power of mental fitness that everything changed.
Today Serena will be talking with us about liberation from isolation for solopreneurs. You won’t want to miss this episode if you have been feeling the solo in solopreneur.
You will want to hear this episode if you are interested in... * Serena’s story [1:22] * Allowed herself the space [18:14] * Liberation from isolation [19:54] * How to work on it [23:56] * The money questions [38:30]
Resources & People Mentioned * Episode 10 - Create a Morning Formula to Supercharge Your Life with Buddy Rathmell
Connect with Serena Dodd * Serena on LinkedIn * Mental Fitness HQ
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Many of us solopreneurs aren’t natural salespeople. We are often excellent at what we do, but sealing the deal can be a challenge. Tom Jackobs has been there. He too once struggled with sales, but after investing the time and effort to learn sales psychology he became a master and even came up with his own sales technique.
Listen in to learn Tom’s heart-centered way to close the deal.
You will want to hear this episode if you are interested in... * Tom’s story [1:22] * How he got more sales [11:44] * The 3 P’s to selling for the solopreneur [16:00] * Tom’s program to improve sales [23:53] * The money questions [28:28] * How to contact Tom [33:22]
Connect with Guest Name * Tom’s 3 Keys to Seling * Tom on Instagram:@impactpilot * Tom on Facebook * Tom on YouTube * Tom on LinkedIn
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Do you live your life according to your values? By doing so, you’ll not only create a life you love, but a legacy as well!
In this episode of Solopreneur Money, Susie Briscoe joins me to tell stories about her long and fascinating life which demonstrate how to live your values. You won’t want to miss hearing about being a female ad executive in the 1960s or how Susie got to hobnob with royals. All of these beautiful stories bespeak the fabulous legacy Susie leaves. Listen in to hear how you can build your own legacy.
You will want to hear this episode if you are interested in... * Susie’s story [2:20] * How her story has helped her get to where she is today [26:27] * How Susie’s values guide her life [38:20] * Susie’s legacy [42:24] * The money questions [47:43]
Connect with Susie Briscoe * Susie Briscoe on LinkedIn
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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How do you know that you’re on the right path to lead a better life? Larry Kaul has the answer. As a seasoned solopreneur who has done the inner work and discovered what works (and what doesn’t), he has a wealth of knowledge to share with you. Listen in to hear his three Cs to gain more revenues for your business so that you can live a better life.
You will want to hear this episode if you are interested in... * Larry’s story [1:32] * How a retreat turned things upside down for him [5:40] * Understanding detachment from results [11:03] * The 3 Cs [16:41] * The money questions [19:34] * How to get in touch with Larry [27:22]
Connect with Larry Kaul * Connect with Larry on LinkedIn * Register for the Solopreneur Forum
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Do you ever wish there was a road map to financial independence? LaSean Smith has created exactly that. After working both in the corporate world and developing his own business ventures, LaSean has learned from the positives and negatives of both worlds.
In this episode of Solopreneur Money, LaSean shares his life map for a predictable path to financial independence. You won’t want to miss out on LaSean’s solid advice for attaining financial success.
You will want to hear this episode if you are interested in... * LaSean’s story [1:02] * The type of businesses that LaSean invests in [12:03] * LaSean’s life map [16:55] * The money questions [31:38]
Connect with LaSean Smith * CAGR.com * LaSean on LinkedIn * LaSean on Twitter: @lasean * LaSean on Instagram: @lasean
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Nobody enjoys considering their passing, but as a solopreneur, you’ll need to be extra diligent about your final wishes.
In this episode of Solopreneur Money, you’ll learn all the areas that you need to consider to get your affairs in order to create an effective estate plan.
Press play to learn about wills, trusts, and powers of attorney. Discover what you need to know to plan for your family and your business by gaining knowledge and hearing how I’ve created my estate plan.
You will want to hear this episode if you are interested in... * What estate planning is [1:22] * Planning your will [2:32] * The different types of trusts [4:24] * The different types of powers of attorney [8:35] * What solopreneurs need to be thinking of [13:10] * Learning from my situation [17:22] * Writing it all out [21:02]
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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We all want our kids to get a good education, but everyday college becomes more and more expensive. This is why it is so important to plan for their education needs in advance.
On this episode of Solopreneur Money, we’re going back to basics to help you create the life you want for yourself and your kids. Listen in to explore the various ways that you can set aside funds to use for your kids’ college education.
You will want to hear this episode if you are interested in... * Questions you should be thinking about with funding your kids’ education [3:42] * Which college savings tool you want to use [8:45] * The Coverdell education savings account [12:12] * How to start saving for college [17:51]
Resources & People Mentioned * 100th Episode and 14th Anniversary with Melissa Nelson
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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You probably have an investment portfolio, but have you really thought about the way it is invested? In this episode of Solopreneur Money, we’re going back to basics as we explore how to invest. You’ll learn the three Ps of investing with some simple comparisons that will help you visualize the mechanics of investing so that you can sit back and watch your money grow over time.
You will want to hear this episode if you are interested in... * The purpose of your money [2:32] * The process you use to invest [5:19] * Understanding diversification [8:02] * How an investment portfolio is like a cookie jar [14:56] * Comparing investment types to high school kids [19:32] * Your call to action [25:21]
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Do you have everything you need to protect yourself in case life gets in the way? It is crucial to protect yourself, your family, and your bank account against the myriad risks that life can throw at you.
In this episode of Solopreneur Money, we’ll explore how to protect yourself and your future from life’s risks. Tune in to discover what you need to make sure that you and your family are covered.
You will want to hear this episode if you are interested in... * What risk management is [0:42] * Life insurance [2:02] * Disability insurance [4:00] * Health insurance [6:55] * Business liability insurance [8:03] * Liability umbrella insurance [9:01] * Savings [10:22]
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Have you thought about what you’d like to do in retirement? Whatever it is you’re planning will require healthy retirement savings.
As a solopreneur, you are responsible for setting up your own retirement nest egg, but the options can seem a bit confusing.
On this episode of Solopreneur Money, we’ll review the various types of retirement funds, their limitations, and their benefits, and discuss how you can get a jump start on saving for retirement.
You will want to hear this episode if you are interested in... * How to reduce your tax bill [3:12] * The SEP IRA [9:25] * A Simple IRA 10:00 * The Solo 401K [11:42] * The Roth Solo 401k [14:12] * A defined benefit plan [15:20] * Your call to action [19:35]
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Do you have enough money set aside for an emergency? Your emergency savings is your ticket to freedom. Having enough money in savings gives you the freedom to run your business the way you want and to live your life the way you want.
In this episode of Solopreneur Money, you’ll learn why you need an emergency fund, how much you need, and where you should put it. If you are looking to live life on your own terms, you won’t want to miss out on this important step in the financial process.
You will want to hear this episode if you are interested in... * How an emergency fund makes life easier [2:22] * How much you should have [3:14] * What you should do with your savings [5:10] * Your action item [10:22]
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Debt isn’t necessarily a bad thing. Many solopreneurs use it to help build their businesses to make more money. However, taking on too much debt can hinder you from achieving your goals.
Debt liquidation isn’t fun to have to do, but if you are serious about building wealth, then you need to become serious about eliminating debt.
If you have debt, you won’t want to miss this episode. You’ll learn how to effectively liquidate your debt through snowballing so that you can start building your wealth to get started living the life you want.
You will want to hear this episode if you are interested in... * What debt liquidation is [2:02] * What snowballing is [3:35] * Why have debt [7:22] * A story [10:12] * Your call to action [13:20]
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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It’s time to get back to basics. If you’ve been listening to the last few episodes, you know that we are taking a break from our usual format to review the basics of personal finance for solopreneurs so that you can master your finances to create the life you want.
On this episode, we’re talking about planning for major purchases. Do you plan these out ahead of time or let them sneak up on you? Listen to this episode to hear what you should be doing to ensure that you are living the life that you truly want to live.
You will want to hear this episode if you are interested in... * Planning for major purchases [1:22] * A negative story to learn from [3:21] * A positive story to learn from [5:44] * How these lessons apply to you [9:12]
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Welcome to the third episode of the Back to Basics series. This series differs from our typical episodes as it offers a brief review of the various steps of the financial planning process.
In this episode, we’re focusing on cash flow. This is the most important aspect of your solopreneur business. Your business’s cash flow allows you to do what you need to do when you need to do it.
Learn why a healthy cash flow is such a crucial aspect of your solopreneur business and what you can do to improve your business’s cash flow.
You will want to hear this episode if you are interested in... * What you can do if your cash isn't flowing [2:12] * A story to understand how I deal with cash flow issues [7:55] * Your call to action [9:44]
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Welcome back to the second episode of the Back to Basics series. These episodes differ from our typical episodes in that they offer a short run through the different steps of the financial planning process.
Today’s topic is ensuring that the correct bank accounts are tied to your investment accounts. After this episode, you’ll understand why it’s important to have the proper accounts linked for safety, security, and efficiency. Listen in to hear an action item that you can do today to get the ball rolling to ensure that you can transfer your money without any hiccups.
You will want to hear this episode if you are interested in... * How to set up your accounts so you can access your money efficiently [2:32] * A story to understand why it is important to have the correct accounts [4:10]
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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We’re changing things up a bit in our next several episodes. Rather than having interviews from other solopreneurs like you, we’re heading back to basics.
This Back to Basics series will include quick episodes that are designed to ensure that you have all your financial ducks in a row so that you can master your finances and live the life you want.
Each episode will have a call to action so that you take action and apply what you learn.
In this episode, you’ll learn how important it is to have the correct beneficiaries in place on all of your accounts and you’ll apply what you've learned and make sure that your beneficiaries are updated and their information is correct.
You will want to hear this episode if you are interested in... * Why the beneficiary check is the first thing we discuss in my clients’ annual review [2:02] * The three things to look for when checking your beneficiaries [4:40] * A story to illustrate how important beneficiaries are [6:21] * How I use a testamentary trust [9:02]
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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As a solopreneur, you probably have some preconceived notions about how your business should run. It can be hard to let go of these even after you have been in business for a while.
Melanie Herschorn has been a solopreneur for many years. Although she has had many successes with her businesses, she has also had a number of failures. In this episode of Solopreneur Money, Melanie will teach you how to let go by learning from her mistakes.
Don’t make the same mistakes that Melanie did; listen in to learn how to avoid them.
You will want to hear this episode if you are interested in... * Melanie’s story [1:22] * The biggest lesson she learned [10:20] * Why mindset is the key [13:25] * Relating to difficult personalities [16:06] * Learning to trust your gut [18:08] * The money questions [20:45]
Connect with Melanie Herschorn * Check out Melanie’s Ultimate Book Marketing Checklist * VIPDigitalContent.com * Melanie on LinkedIn * VIP Digital Content on Instagram * VIP Digital Content on Facebook
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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We’ve all been there. We get to a point in our business where we just think, “If only I had more hours in the day!”
If that sounds like you right now, stop what you’re doing and press play to learn how to build your business to support your life.
Kris Ward is here to teach us how to prevent your business from running your life. Kris will show you how to set up a well-organized team that can run without your constant presence.
You will want to hear this episode if you are interested in... * Kris's story [1:22] * How Kris created a business that practically ran itself [5:42] * How to avoid the three Ds [11:39] * What’s in Kris’s Super Tool Kit [16:35] * Confessions of an outsourcer [25:30] * How to create a morning scrum meeting [30:07] * The money questions [34:10] * My takeaways [42:02]
Resources & People Mentioned * BOOK - Scrum by Jeff Sutherland
Connect with Kris Ward * FreeGiftFromKris.com * Kris on Linkedin * Kris on Tik Tok * Kris on Facebook * Kris on Twitter * Kris on Instagram
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Are you interested in scaling up your company and hiring independent contractors? Billy Samoa Saleebey has the secrets to finding long-lasting, quality contractors that will move your brand forward into the next phase of your business.
Billy has some brilliant ideas on how to find the right people to ride along with you on this entrepreneurial journey. Don’t miss this episode if you plan to build out a team to grow your business.
You will want to hear this episode if you are interested in... * Billy’s story [1:42] * How to hire a quality team [11:06] * How to manage work in different time zones [20:54] * Problems with a global team [22:55] * How to start off on the right foot [25:33] * Trust your instincts [27:58] * The money questions [29:02] * How to contact Billy [35:13]
Resources & People Mentioned * OnlineJobs.ph * BestJobs.ph * Fiverr * Upwork * Behance
Connect with Billy Samoa Saleeby * Podify * For the Love of Podcast * Insight Out Podcast * Billy on LinkedIn * Billy on Instagram * Billy on YouTube * Billy on Twitter * Billy on Facebook
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Do you have many business ideas but simply can’t find the time to do them all? On this episode of Solpreneur Money, Leah Arao will help us understand how to find success while maintaining multiple interests.
Leah practices what she preaches. As the co-host of the Ticket 2 Anywhere Podcast, an event manager, and a travel content creator, Leah has discovered how to balance her multiple interests.
An avid traveler, Leah isn’t joining the podcast today from the US, listen in to hear where she is, what she is doing, and how she got there.
You will want to hear this episode if you are interested in... * Where Leah is recording from [1:22] * Leah’s story [5:00] * How much is a working holiday visa in Australia [9:30] * Costs of the Remote Year program [11:14] * Finding success while maintaining multiple interests [13:45] * Finding systems and processes [15:25] * How to add more interests [18:00] * The money questions [25:14] * Leah’s last bit of advice [33:54]
Resources & People Mentioned * Remote Year * Australia Working Holiday Visa
Connect with Leah Arao * @LeahInFlight on Instagram * @LeahInFlight on TikTok * Ticket 2 Anywhere Podcast * Ticket 2 Anywhere on YouTube
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Have you been wondering when it will be the right time to transition your side hustle to the main event? Leaving the safety of your 9-5 can be intimidating. John Kelley is in the midst of that transition and is here to share his wisdom.
On this episode of Solopreneur Money, John shares what it will take to finally hang up his firefighter’s helmet and fully immerse himself in the world of entrepreneurship. Listen in to hear his story.
You will want to hear this episode if you are interested in... * John’s story [1:22] * When does he move to become a full-time entrepreneur [13:16] * John’s timeline [19:48] * The money questions [23:40]
Connect with John Kelley * Find all John’s links at JohnWKelley.com
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Just because you watch TV or surf the internet doesn’t mean you know about branding. Nowadays, branding is more important than ever. Everything you do online can be considered marketing, so you must be careful what you post.
Paige Arnof-Fenn is an expert marketer and branding specialist who has been in the marketing realm for over 20 years. In this episode of Solopreneur Money, she shares her simple, yet important advice for solopreneurs. Listen in to learn why your online presence matters.
You will want to hear this episode if you are interested in... * Paige’s story [2:12] * The importance of branding and intuition [13:46] * Own the real estate in your audience’s brains [21:25] * The money questions [24:00]
Connect with Paige Arnof-Fenn * MavensAndMoguls.com * Paige on LinkedIn
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Do you have a robust and active email list you regularly engage with? If you don’t, you should! Michael Neeley insists that the way to grow your business is through your list. Michael joins me today to show us how we can grow our list to grow our business.
In this episode, you’ll learn what you can do to improve your list so that you can increase your revenues.
You will want to hear this episode if you are interested in... * Michael’s story [1:22] * How your money is in your list [9:07] * How to build your list [11:53] * How he plans to build a list from zero [15:10] * The money questions [19:10]
Resources & People Mentioned * Jeff Walker * Amy Porterfield
Connect with Michael Neeley * Michael on LinkedIn * MichaelNeeley.com * Podquest.net * YourAuthorityBlueprint.com
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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In business, you have to be a good listener to hear what your clients are saying to you, but you also have to be a good storyteller. Adele Fedorak is not just a storyteller: she is a story master, a story whisperer. Adele helps people share their purpose and vision through storytelling.
You won’t want to miss the way she takes my simple story about the Sioux Falls City Football Club and builds it out to make it something really worth listening to! Press play to learn how to make your story come to life.
You will want to hear this episode if you are interested in... * Adele’s story [1:32] * How she went from life coaching to story coaching [3:29] * How Gabe felt when he created the Sioux Falls Football Club [12:10] * Adele’s version of my story [15:14] * Take the story that you’re in and see it as a story [22:20] * The money questions [23:52]
Resources & People Mentioned * Dr. David Drake * Donald Miller * Episode 81 with Laurie Seymour * Episode 115 with Karen Eber
Connect with Adele Fedorak * AdeleFedorak.ca * ConnectWithAdele.ca * Don’t miss out on Adele’s FREE guide to storytelling! * Adele LinkedIn
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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You’ve probably heard that you need to be able to tell a story to effectively market your business. This is true, but what is the best way to do so?
Kristin Spencer is an expert storyteller turned copywriter and ghostwriter. She knows that finding the right words isn’t easy which is why you need to find your unique voice to make your words count.
Kristin shares her expertise and helps us understand the 5 most common mistakes in storytelling that most business owners are making.
Listen in to learn how to market your business through stories and ensure that you aren’t making these 5 mistakes.
You will want to hear this episode if you are interested in... * Kristin’s story [1:27] * Avoiding ill-fitting clients [8:02] * A lesson from failure [10:40] * Improving on vulnerabilities [20:38] * Considering what your audience needs from you [25:18] * 5 common mistakes business owners make in their stories [29:22] * The money questions [40:30]
Resources & People Mentioned * BOOK - Write the Perfect Read by Kristin Spencer
Connect with Kristin Spencer * Literary Symmetry * Kristin on YouTube * Kristin on LinkedIn * Kristin on TikTok * Kristin on Instagram * Your Business Story podcast
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Do you wish you had a wildly successful entrepreneur to show you the way to entrepreneurial success? Bryan Clayton is that person.
In today’s episode, Bryan shares the secrets he learned from his experience building a multi-million dollar landscaping business and then transitioning to becoming a tech entrepreneur. Bryan has amazing insight into building different types of successful businesses and his tips will span any type of business.
You will want to hear this episode if you are interested in... * Bryan’s journey [1:22] * What it was like managing 150 employees [3:53] * Where he went to learn more to build his business [6:22] * The change from 1-5 million [11:02] * Why he sold his landscaping business [12:42] * What he learned from becoming a tech entrepreneur [15:24] * The money questions [31:35] * Final thoughts [38:22]
Resources & People Mentioned * Warren Buffett * Dave Ramsey * Marc Andreessen
Connect with Bryan Clayton * GreenPal * Brian on Instagram * Brian on LinkedIn * Brian on Twitter
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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You know you need to have effective conversations to make sales and grow your business, but that’s easier said than done. Expert communicator, Wendy Harris joins me today to discuss how to make conversations count so that you can make the sales you need without feeling like a used car salesman.
You will want to hear this episode if you are interested in... * Wendy’s story [2:42] * How to make conversations count to grow our business [4:52] * Next steps to make the conversations count [20:00] * The money questions [23:33]
Resources & People Mentioned * Building Your Mental Wealth Team for Solopreneurs with Mike Pagan * BOOK - Making Money by Terry Pratchett * BOOK - Atlas Shrugged by Ayn Rand
Connect with Wendy Harris * Making Conversations Count * Wendy on LinkedIn * Wendy on Facebook * Wendy on Instagram * Wendy on Twitter
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Could your business be ruining you financially? That is a scary question to think about.
My guest today is Brandon Green, a serial entrepreneur who has had to consider this question himself. As the co-founder of Alchemy of Money, a financial services coaching subscription for real estate entrepreneurs, Brandon helps subscribers understand their finances. His experiences as an entrepreneur have taught him how to balance investing in himself and his businesses and he shares his strategies with other real estate entrepreneurs.
On this episode of Solopreneur Money, Brandon teaches us how to recognize key areas that could be holding you back from achieving financial freedom.
You will want to hear this episode if you are interested in... * Brandon’s story [1:22] * What Brandon learned from starting his business [9:20] * Why Brandon started Alchemy of Money [14:10] * Reinvesting too much back into your business [18:23] * Why you need to get on the same page with your partner [24:20] * Not letting ego get in the way of a bigger goal [26:40] * How to advance your net worth [29:22] * The money questions [31:55]
Resources & People Mentioned * Up With People
Connect with Brandon Green * Alchemy of Money * Brandon on Twitter * Brandon on LinkedIn * Brandon on Instagram * Brandon on YouTube
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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If you have experienced failure you know it can be soul-crushing. So much so that it can be difficult to envision a life beyond that failure. Jim Swan knows exactly how that feels since he experienced two major failures in his life and business.
Jim has learned from his experiences and made an amazing comeback. Now, as a certified professional coach, he shares his hard-earned wisdom with others as they learn to work through failure as they transform their lives and businesses.
If you have experienced failure or have a fear of failure, you won’t want to miss Jim’s sage advice. Press play to hear how to overcome failure so you can move forward.
You will want to hear this episode if you are interested in... * Jim’s story [1:22] * The first step he took after he moved [12:25] * The lessons Jim learned by overcoming failure [19:12] * The money questions [25:30] * How to find Jim [31:40]
Resources & People Mentioned * BOOK - Positive Intelligence by Shirzad Chamine
Connect with Jim Swan * James-Swan.com * Jim on LinkedIn * Jim on Instagram
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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To move on from victimhood and become victorious you’ll need to own your $hit. In this episode of Solopreneur Money, Robert Peterson explains how you can take responsibility for your life. Then he provides the actionable steps necessary to move on and take charge to reach your goals.
Robert Peterson is the other half of the Smiling Coaching Couple. His wife Noelle recently joined me to discuss how to replace your limiting beliefs.
If you are ready to get moving in your business and make your dreams a reality, you’ll need to take charge of your thoughts to make it happen. Listen to hear Robert Peterson outline the steps you need to take to get there in this episode.
You will want to hear this episode if you are interested in... * Robert’s story [1:22] * How to go from victim to victor [13:25] * Stepping above the line of courage [18:03] * Don’t listen to that inner voice [26:12] * The money questions [29:35]
Resources & People Mentioned * Episode 125 with Noelle Peterson
Connect with Robert Peterson * Robert on LinkedIn * Robert on Facebook * Robert on YouTube * Get your free vision guide!
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Many relationship problems stem from issues surrounding money. Rather than running from these conflicts, Marisa Ferrera has a different plan. Marisa joins me today to share some of the best relationship advice surrounding money that I have heard. I’m excited for you to listen to this one and I know you’ll want to share this episode with your friends and loved ones. Press play to learn how to use conflict to heal your relationship with others and with money.
You will want to hear this episode if you are interested in... * Marisa’s story [1:42] * What is behind mountains out of molehills [6:12] * How to help someone out of a child state [11:02] * How to work through money issues in a relationship [14:04] * The money questions [22:33]
Resources & People Mentioned * BOOK - I Ain’t Much Baby, But I’m All I’ve Got by Jess Lair
Connect with Marisa Ferrera * Connect with Marisa
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Limiting beliefs are like malware for your mindset. To live your dream life you have to first replace the malware and overcome those limiting beliefs.
In this episode of Solopreneur Money, coach and author, Noelle Peterson joins me to discuss what we can do to replace the malware so that we can awaken our dreams and design a path to reach them.
You won’t want to miss out on this conversation. You’ll hear how Noelle began her path to becoming an author and life coach, what’s in the Dream Life Planner, and how to reprogram your malware to live the life of your dreams.
You will want to hear this episode if you are interested in... * Noelle’s story [1:22] * What was going through Noelle’s mind as she was in the hospital for 13 days [5:25] * How to replace limiting beliefs to live your dream life [7:26] * How to replace the malware [12:00] * Lessons to learn from her book [14:00] * The money questions [18:13]
Resources & People Mentioned * BOOK - The Dream Life Planner by Noelle Peterson
Connect with Noelle Peterson * AddValueMindset.com * Noelle on LinkedIn * Noelle on Facebook * Noelle on YouTube
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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What if there was a way to get what you want with less work and less stress? Luann Horobin wants you to learn from her mistakes so that you can create the life you want. In this episode of Solopreneur Money, Luann will guide us through the 5 steps she uses with her clients to transform their lives. Learn how to increase your self-awareness, integrate new behaviors, and achieve life-altering breakthroughs so that you can turn your dreams into reality.
You will want to hear this episode if you are interested in... * Luann’s story [1:42] * The hurdles she came across [6:37] * 5 steps to create the life you want [13:13] * Actions you can take now [23:35] * The money questions [30:00]
Connect with Luann Horobin * Luann on LinkedIn * Luann’s Website
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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As a solopreneur, the search for balance and contentment can feel a bit like searching for a unicorn. However, this doesn’t have to be the case.
Gordon Brewer knows quite a bit about being a solopreneur as a licensed therapist and practice consultant. But what’s more, Gordon knows what it takes to find balance while juggling multiple businesses and responsibilities. On this episode of Solopreneur Money, he’ll teach us how we can find balance and contentment as solopreneurs.
You will want to hear this episode if you are interested in... * Gordon’s story [1:22] * What it was like living in a funeral home as a young person [5:49] * Being a solopreneur and a caregiver for a disabled family member [14:38] * How to find balance while being a solopreneur and caregiver [16:01] * The money questions [28:35]
Resources & People Mentioned * Full Focus Planner * BOOK - Man’s Search for Meaning by Viktor Frankl * BOOK - Profit First by Mike Michalowicz
Connect with Gordon Brewer * Gordon on LinkedIn * Practice of Therapy podcast * The Kindness and Compassion podcast * The PsychCraft network
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Are you ready to buy a home in 2023? After the past few years of the ups (and more ups) of the housing market, you may finally be ready to take advantage of the lull and dip your toes into the market.
As a solopreneur, though, buying a home can be a bit daunting. That’s why I invited my friend Kevin Carlson onto Solopreneur Money today. Kevin will help us understand what we need to know to apply for a mortgage. Kevin Carlson has 25 years of mortgage lending experience and is a top-ranked mortgage broker with over 5,000 transactions. If you are getting ready to purchase a home then you won’t want to miss this episode.
You will want to hear this episode if you are interested in... * Kevin’s story [1:32] * Checklist for buying a house in 2023 [7:55] * What is different about buying a house being a solopreneur [17:59] * How bankruptcies affect the mortgage process [22:18] * How much you need to have as a down payment [26:08] * Things to keep in mind when buying a second home [29:37] * The money questions [32:19]
Connect with Kevin Carlson * PlainsMortgage.com - reach out to Kevin with any questions!
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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‘Woo’ is a practice that is considered overly mystical, supernatural, or unscientific which is why many of us are a bit wary of bringing the woo into our daily lives–much less into our workplace. Despite the fact that most woo practices are unexplainable, people are often curious about how they work.
Ellen Rogin has a deep history of using a bit of ‘woo’ to help her clients create abundance and prosperity. This may not seem like a typical claim from a CPA and CFP, but it’s one that Ellen has embraced since growing out of her traditional role as a financial advisor. Ellen is now an Abundance Activist and has made it her life’s work to educate and guide people to grow their prosperity and to use it as a force for good in their lives and in the world.
Listen to this episode to hear how you can use a bit of woo work for you too.
You will want to hear this episode if you are interested in... * Ellen’s story [1:22] * What Ellen is doing today [5:06] * How to bring the woo to work and make it work [8:42] * The difference between a traditional vision board and a prosperity picture [13:45] * Learn to respond rather than react [16:50] * Notice how your thoughts affect your life [22:54] * Generosity precedes prosperity [26:43] * The money questions [30:54]
Not everyone is a born salesperson. Many feel that they have to step well outside their comfort zone to close a deal. However, solopreneurs don’t have the option to shy away from making sales. Our livelihoods depend on it. If we don't sell we don’t have a business.
If you are one of the many solopreneurs that steers clear of traditional sales tactics, you won’t want to miss this interview with Lisa Dadd. Lisa takes the sleazy feeling out of sales. Her radical approach to selling will have you working well within your comfort zone to ensure that you not only feel good about what you do but find success in the process.
You will want to hear this episode if you are interested in... * Lisa’s story [1:22] * People’s soul language is different [4:53] * The next step once you know your archetype [14:12] * 4 pillars of sales [26:10] * The money questions [30:05]
Connect with Lisa Dadd * LisaDadd.com * Lisa on LinkedIn
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Mindset is one of the most important keys to creating a successful life. We could have everything perfectly aligned, but without the right mindset, we are doomed to fail.
Tony Broadbent has been fascinated by human potential for over 40 years. He has always tried to understand what makes people tick. His biggest question has been why some people perform so well one day only to fail the next.
Tony helps individuals, teams, and organizations perform optimally so they can get from where they are to where they want to be without overwhelm, burnout, or stress. On this episode of Solopreneur Money, Tony shares how the simple act of changing your mindset can help you break through barriers to create a life you love.
You will want to hear this episode if you are interested in... * Tony’s story [1:42] * The types of businesses Tony created [19:33] * How to develop a mindset to create a life you love [32:02] * The money questions [48:44]
Resources & People Mentioned * Episode 80 - Building Your Mental Wealth Team for Solopreneurs with Mike Pagan
Connect with Tony Broadbent * Tony on LinkedIn * InspiredLife.io * Tony’s LinkTree
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Taking bold action is scary. However, if you want to break free from a life of drudgery and step into a life of abundance, bold action is necessary.
Sha Sparks knows quite a bit about taking bold action. She recently stepped out of her comfort zone and into a life of exploration and freedom. Today you’ll hear her story.
Press play to hear how Sha Sparks embarked on her journey of self-exploration and drastic change. Her story will inspire you to overcome your fears so that you can make the changes that you need to move forward.
You will want to hear this episode if you are interested in... * How Sha got where she is today [1:32] * How Sha changed her relationship with her father [8:43] * How to overcome fear [13:22] * How she learned about mindset [21:43] * The money questions [26:02]
Resources & People Mentioned * BOOK - Mindset by Carol Dweck * Gary Vaynerchuk
Connect with Sha Sparks * ShaSparks.com * #FIRESTARTERS Book Project * Sha on LinkedIn * Sha on Facebook * Sha on Instagram * The Power of Investing in People podcast * Sha on YouTube
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Not everyone dreams of becoming an entrepreneur. Sometimes they are thrust into it by situations beyond their control. That’s what happened to Tiffanie Daniels. After working for the same company for over 20 years, Tiffanie was forced out and had to decide what to do next.
Tiffanie Daniels is now a realtor, side hustler, and toastmaster who is always moving forward to explore new opportunities. On this episode, Tiffanie shares her story about how she became a solopreneur and the mindset shift that had to take place for her to become successful. Listen in to hear her story.
You will want to hear this episode if you are interested in... * Tiffanie’s story [1:22] * How she rose up the Avon ladder [8:30] * How she ended up leaving Avon [14:12] * The transition to becoming a solopreneur [19:23] * How she had to change her mindset to become a solopreneur [25:56] * The money questions [29:51]
Connect with Tiffanie Daniels * Tiffanie’s Website * Tiffanie on Instagram * Tiffanie on Facebook * Tiffanie on Youtube
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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If you are one of the almost 3 billion consumers that shop on Amazon each month then you have probably thought about how to make money from this vast system. My guest today has learned how to leverage the Amazon platform to make a substantial profit.
Neil Twa is the co-founder and CEO of Voltage Digital Marketing. Over the past 9 years, he has grown several private-label e-commerce businesses and now coaches new e-commerce entrepreneurs. He and his clients have sold over $100 million in physical products by using Amazon FBA.
Today, Neil shares his blueprint for building a successful e-commerce company that can generate a 6-figure income in only 12 months. Listen in to learn how you can use the world’s largest retailer to build a business and increase your earnings.
You will want to hear this episode if you are interested in... * How Neil got to where he is today [1:22] * The challenges of building an e-commerce business through Amazon [17:05] * How his business works [18:54] * How to make your products profitable [26:48] * Selling in 24 months [36:49] * What kind of investment it takes to become successful [39:30] * The money questions [42:00]
You may have heard that people remember things better when they are framed as a story. It’s true. Effective storytelling has the power to inform, influence, and inspire which can help you improve your company culture and increase your bottom line.
Karen Eber is an experienced storyteller that understands how to use the science behind storytelling to bring people together. She is here today to help us learn how to turn our ideas into stories. In this episode, she brings actionable tips that can help you get started creating your own stories that fit your company culture.
You will want to hear this episode if you are interested in... * How Karen began as a storyteller [1:22] * How Karen connected diverse people through stories [6:46] * How to hack your story [9:13] * Where to find your story [17:36] * How often should you review your stories [19:40] * Outlining your story structure [21:22] * Karen expands on Gabe’s story [28:03] * The money questions [37:15]
Connect with Karen Eber * Karen’s Website * Check out Karen’s Blog to get storytelling tips! * Karen’s TedTalk * Karen on Linkedin * Karen on Instagram * Karen on Twitter * Karen on YouTube
Connect with Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Are you ready to strike out on your own to become a solopreneur? How do you know if you are ready? What if you aren’t financially sound?
Takisha Smith is an economic empowerment coach that creates systems and structures to set her clients up for success. Today she’ll walk you through 7 steps to ensure that you have enough income streams in place before you make the leap into solopreneurship. If you are worried about your financial solvency as you leave your W-2 job behind, you won’t want to miss this episode to hear what you should consider before you make the transition.
You will want to hear this episode if you are interested in... * Takisha’s story [1:22] * The 7 streams of income [18:50] * How to work the 7 streams into your life [25:30] * The money questions [30:00] * Behaviors change your financial situation [38:32] * The importance of having a legal foundation for your business [43:13]
Resources & People Mentioned * The Corner Store Co-op * Taylor Street Farms
Connect with Takisha Smith * TakishaMSmith.com * @TakishaMSmith on Facebook * Takisha on LinkedIn
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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As you move into starting your own business it is important to have concrete foundations so that you can be successful.
My guest today is Tarryn Reeves, “The Book Queen” and CEO of Four Eagles Publishing. She has learned many lessons in her bumpy journey as an entrepreneur. In this episode, she’ll teach you 5 foundational keys to starting your solopreneur business.
You will want to hear this episode if you are interested in... * Tarryn’s story [1:20] * How Tarryn rebuilt her business 4 times [26:30] * Start with a model [33:49] * The money questions [40:44]
Resources & People Mentioned * BOOK - Start with Why by Simon Sinek * BOOK - Rich Dad, Poor Dad by Robert Kiyosaki
Connect with Tarryn Reeves * TarrynReeves.com * Tarryn on Instagram * Tarryn on Facebook * Tarryn on LinkedIn * Tarryn on YouTube * Tarryn on TikTok * Join Tarryn’s Facebook group - The Business Book Accelerator
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Transitioning from a W2 employee to starting your own consulting firm doesn’t come with an instruction manual. There are many factors to consider. Will Bachman understands just how challenging it is to make that transition.
On this episode of Solopreneur Money, Will breaks down his experience into 4 easy steps to help you make your transition a success. Listen in to learn how Will got started in his business at such a challenging economic time period and discover his secrets to creating a thriving business.
You will want to hear this episode if you are interested in... * Will’s time in the Navy [2:22] * What it was like getting started during the financial crisis [6:47] * The best time to get started [9:39] * Developing and refreshing your skills [12:37] * Building a thought leadership platform [15:07] * The money questions [19:13]
Resources & People Mentioned * BOOK - Tribes by Seth Godin * BOOK - The Irresistible Consultant’s Guide to Winning Clients by David A. Fields
Connect with Will Bachmann * Connect with Will Bachmann on LinkedIn * Umbrex * Unleashed podcast * Save $500 by registering here to get your FREE guide by using the discount code solopreneurmoney!
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Do you know what you need to do to stand out and get noticed online? Most solopreneurs don’t have the time it takes to spend on an effective marketing plan even though this is crucial to success.
Shannon Kinney is the founder of Dream Local Digital. She is a marketing expert and a thought leader in the online space. Shannon is here to teach us 3 steps to develop a marketing program that will set our businesses up for success.
Listen in to learn from Shannon’s professional experience guiding solopreneurs like you through the ever-changing world of online marketing.
You will want to hear this episode if you are interested in... * Shannon’s story [1:22] * How online marketing has changed over the years [3:57] * How to stand out online [5:30] * Creating a successful 3 step marketing plan [7:35] * An example of a successful offer [13:46] * How marketing was affected by the pandemic [17:16] * The money questions [21:27] * How to get in touch with Shannon [30:04]
Connect with Shannon Kinney * Dream Local Digital * Dream Local on LinkedIn * Dream Local on Facebook * Shannon@DreamLocal.com
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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This isn’t my first episode on mindset. If you’ve listened to Solopreneur Money before, you know that mindset is a huge part of creating a successful business which is why we are exploring this topic with, health coach and mindset expert, Lisa Burbage today.
Lisa understands the link between health, mindset, and success. As a breast cancer survivor, she had to overcome illness and completely alter her habits and mindset to become healthy. While doing so she realized that she could never return to her previous lifestyle. That stressful, unhealthy lifestyle contributed to her illness.
Learn how to build on small successes, how your decisions affect your goals, and how your mindset leads to success in life and in business on this episode of Solopreneur Money with Lisa Burbage.
You will want to hear this episode if you are interested in... * Lisa’s story [1:22] * How long it took Lisa to get her health in line [7:10] * Where the name of her company came from [11:40] * How mindset leads to success [12:58] * Building on small successes [18:04] * Trying different things to see what you enjoy [21:02] * Becoming aware of how your decisions affect your goals [23:07] * Tips to improve your mindset [25:06] * The money questions [30:43]
Connect with Lisa Burbage * WellnessFive.com - Sign up for the biweekly e-health tip * Lisa on LinkedIn
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Having high-quality contractors onboard to support you can help you grow your business. But to make the most out of your relationship with them, it is essential to be an excellent leader.
Leading a team of contractors is different than leading a team of employees. Contractors are high-quality professionals who are experts at what they do. Treating them as such will go a long way to ensuring a lasting and profitable relationship.
Javier Castillo from ManageAwesomely.com joins me today to discuss how solopreneurs can best manage a team of contractors. Listen to this episode to hear Javier’s 3 tips for creating the ultimate contractor experience.
You will want to hear this episode if you are interested in... * Javier’s story [1:22] * Understanding the difference between being an employee and being a contractor [7:24] * 3 steps to the ultimate contractor experience [11:32] * The money questions [23:47]
Resources & People Mentioned * Building Your Band Series Introduction
Connect with Javier Castillo * HiJavier.com * Javier on LinkedIn * Check out ManageAwesomely.com and Enter the referral code "SOLO MONEY" for 25% off any coaching program!
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Do you feel like you are constantly busy but never really getting ahead? As business owners, we have so much on our to-do lists, but without a clear plan, we’re like mice on a wheel.
Katie Wussow joins me today to help us understand why it is important to create a clear plan to build a path to success. Katie is a business coach that helps her clients learn the strategies and skills they need to build their businesses around their talents.
You won’t want to miss out on hearing about her 90-day plan to set priorities and achieve your goals. Press play to learn how you can start achieving your goals in just 90 days.
You will want to hear this episode if you are interested in... * Katie’s story [1:22] * The hardest part of her journey [4:25] * How Katie got her first clients [8:10] * How to create a 90-day plan for your business [11:16] * How many priorities a business owner should have [18:21] * Examples and challenges her clients face [20:26] * Creating a weekly planning ritual [28:33] * How Katie’s services work [31:45] * The money questions [33:38]
Resources & People Mentioned * BOOK - Productize by Eisha Armstrong * BOOK - Getting Things Done by David Allen * YNAB budgeting app
Connect with Katie Wussow * KatieWussow.com * Katie’s Podcast – The Game Changer * Katie on Instagram @katiewussow * Get your FREE 90-day plan template
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Are your profits stagnating or not growing at the rate you would like? My guest today, Jessica Koch, has a proven track record for expanding not only her own sales but guiding business owners to improve their sales using classic sales techniques with her own unique twist.
If you are interested in growing your profits from seeds to entire orchards, you won’t want to miss this episode. Jessica has some amazing tips that you need to hear. Make sure to stick around until the end to hear her final idea that will inspire you to take action.
You will want to hear this episode if you are interested in... * Who is Jessica [1:52] * How to grow your profits from seed to orchard [11:37] * What business owners should be asking themselves [14:46] * Discovering who your ideal client is [18:16] * What to do next [23:42] * One last tip [31:20] * The money questions [32:40]
Connect with Jessica Koch * JessicaLKoch.com – Don’t miss out on her upcoming conferences! * Jessica on Facebook * Jessica on LinkedIn * Jessica on Instagram * Jessica on Twitter * Jessica on Pinterest
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Jennifer Kauffman literally had her world blow up at the Boston Marathon in 2013. Today she’s here to teach us how to rise and thrive from the ashes when our world turns upside down. Jennifer has an amazing story to share, and we can learn so much from her experience rebuilding her life and business. Press play to learn how to thrive in the face of adversity.
You will want to hear this episode if you are interested in... * Jennifer’s story [2:02] * The financial aspect of her experience [4:10] * What it means to thrive [12:25] * The formula for building wealth [18:45] * How Jennifer lost her money [25:20] * What Jennifer is working on now [28:33] * The money questions [30:50]
Resources & People Mentioned * T. Harv Eker
Connect with Jennifer Kauffman * RiseThrive.life * JenniferKauffman.com
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Are you ready to move on to the next step in your business and your life but not quite sure how to get there? Like with much else in the world, there is a process you can follow to help you through.
Danute Debney Shaw, strategy innovator, author of How The Tin Man Found His Brain, and founder of CelaPhontus is here to walk us through the steps that we can take to keep moving forward in business and in life. If you are feeling stuck or not quite sure which way to turn next you won’t want to miss out on Danute’s sage tips on how to decide where to go from here.
You will want to hear this episode if you are interested in... * What Danute is up to today [1:22] * A case study [2:54] * How to begin the next steps in your business [10:08] * Going deeper [15:02] * A personal anecdote [19:50] * Taking calculated risks is important [21:58] * The money questions [25:20]
Resources & People Mentioned * BOOK - How The Tin Man Found His Brain by Danute Debney Shaw
Connect with Danute Debney Shaw * CelaPhontus * DanuteDebneyShaw.net * On Instagram @CelaPhontusLLC * Facebook @CelaPhontusLLC * Linkedin @DanuteDebneyShaw
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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You may be wondering why we are discussing fitness today on a financial podcast. Fitness has so much to do with mindset, and, as we have seen in numerous previous episodes, the mindset has everything to do with being a solopreneur. Fitness expert, Jeffrey Savage, joins me today to discuss the mindset of fitness. Listen in to hear how a fitness mindset goes far beyond trying to lose a few pounds.
You will want to hear this episode if you are interested in... * Jeffrey’s story [1:22] * Lessons he learned from being a horrible employee [3:52] * Fitness habits for solopreneurs [13:19] * Jeffrey’s contracts [18:50] * How the DISC assessment has helped Jeffrey change his life [20:32] * Jeffrey helps people grow their whole person [26:20] * The be-do-have [32:25] * The money questions [34:34]
Resources & People Mentioned * Episode 67 - Personality Styles and Communication with Cheryl Zalieckas
Connect with Jeffrey Savage * @SavageFitnessLLC on Instagram
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Have you ever thought of growing your business through podcast guesting? Podcasts are an amazing way to reach your ideal audience and grow your brand.
My guest today is Anastasia Lipske, a public speaking consultant and expert, who books speakers at events and on podcasts. She inspires solopreneurs to use their voice–one of the most powerful tools marketing tools available.
Listen to this episode to hear how to get yourself booked on podcasts to market yourself as an expert in your field and increase your brand awareness.
You will want to hear this episode if you are interested in... * Anastasia’s story [1:42] * Podcasts leading to face-to-face speaking events [11:55] * What you should do next [15:20] * How to reach out to podcasters [23:15] * A way to reach out to Anastasia [35:14] * The money questions [38:00]
Resources & People Mentioned * Innovation Women * Listen Notes
Connect with Anastasia Lipske * Access Speakers Consulting * Access Speakers monthly Q&A * Anastasia on LinkedIn
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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YouTube is an amazing place to spread your message and develop your brand awareness, but it can be a challenging platform to break into. My guest today is Chesney Thornton, better known as Welcomin on YouTube. Chesney has thrived in one of the toughest niches on YouTube and he is here today to share his experience as a YouTube gamer and influencer.
If you have been wondering how to keep your YouTube channel going and gain subscribers, then you won’t want to miss the insights that Chesney shares in this episode.
You will want to hear this episode if you are interested in... * Chesney’s story [1:22] * Creating quality over quantity [9:46] * How to record for entertainment value [16:55] * Doing the work to make your videos right [26:34] * Creating content as a business [33:02] * The money questions [36:15]
If you have been thinking about your What’s Next, a virtual assistant may be on your radar. Hiring a VA is a great way to help you grow your business. Making this decision is a great first step!
Now that you’ve made the decision, what do you plan to do with your VA once you hire them? Do you have a plan?
Melissa Smith is the Founder & CEO of the Association of Virtual Assistants and The PVA, a firm that matches clients with the right virtual assistants. She is here today to discuss how to maximize your time with your VA.
You will want to hear this episode if you are interested in... * Melissa’s story [1:22] * What you should do once you hire a VA [10:00] * Determine what to get done [15:46] * Checking in with your VA [20:52] * Communicate often [23:15] * Setting boundaries opens up communication [26:49] * The money questions [30:41]
Connect with Melissa Smith * Association of Virtual Assistants * Check out this FREE PVA Hiring Workbook * Melissa’s podcast * Melissa Smith on LinkedIn
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Today is a special day for Solopreneur Money and Gabe Nelson Financial. Not only does this mark the 100th episode of Solopreenur Money, but it also happens to be the 14th anniversary of Gabe Nelson Financial. To celebrate this special occasion, my wife, Melissa joins me today.
As part of the What’s Next series, Melissa is here to discuss how we came to our What’s Next. Together we’ll walk through the process we used to decide what should come next for us. Listen in to hear how we decided what to do next and how we learned to manage our new endeavor.
You will want to hear this episode if you are interested in... * Melissa’s story [2:22] * Why Melissa decided to resign from her job [7:26] * Their team’s mission [12:55] * Melissa’s biggest takeaway from starting a professional soccer team [14:48] * How we learned how to start a professional soccer team [18:18] * What it was like for Melissa when I started Gabe Nelson Financial [22:30] * The money questions [24:05]
Resources & People Mentioned * BOOK - High Performance Habits by Brendan Burchard
Connect with Melissa Nelson * Sioux Falls City FC * Sioux Falls City FC on Facebook * Sioux Falls City FC on Instagram * Sioux Falls City FC on Twitter
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Have you aligned your life to support your vision and values? You would be surprised at how everything can change once you do. As solopreneurs, we are in a unique position where we can ensure our businesses sustain our vision and values.
Today, Alignment Ally, Aree Bly joins me on Solopreneur Money to discuss how to align life with your vision and our values. As an actuary turned coach, Aree has first-hand experience in completing a dramatic life and career transformation.
Listen in to hear Aree describe her own transition and how she now helps others recognize how to follow their passions and live a life in agreement with their values.
You will want to hear this episode if you are interested in... * Aree’s story [1:32] * What an actuary is [7:19] * Aree’s biggest challenge as she transitioned from corporate [9:11] * How to align our life with our vision and our values [10:50] * An example [15:50] * How to start to make the shift [18:30] * The money questions [22:39]
Resources & People Mentioned * BOOK - Halftime by Bob Buford * BOOK - Beyond Halftime by Bob Buford
Connect with Aree Bly * Aree on LinkedIn * AlignmentAlly.com * Email: Aree@AlignmentAlly.com
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Do you have a good understanding of yourself and where you are in life? To discover the next steps you need to take to achieve success you must have strong self-awareness.
Frank Bolaji Irawo is an ICF-certified transformation coach, author, and poet who helps professionals gain clarity so that they can make a more significant impact in the world. In this episode, Frank will teach us how we can learn more about ourselves so that we can move on to the next level of success.
You will want to hear this episode if you are interested in... * Frank’s story [1:52] * The cultural differences between Nigeria and England [5:56] * How Frank almost went bankrupt [10:31] * The pathway to Frank’s success [13:51] * How to experience what you have now [21:05] * Learning from others can help you succeed [26:45] * Using Frank’s Dream to manifest your dreams [31:04] * The money questions [34:10]
Resources & People Mentioned * BOOK - Rich Dad, Poor Dad by Robert Kiyosaki
Connect with Frank Bolaji Irawo * Schedule a consult with Frank * The Calm Self website * BOOK - Dream by Frank Bolaji Irawo * Frank on LinkedIn * Frank on Facebook * Frank on Instagram
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Do you know your strengths? Do you know how to capitalize on them to improve your business and your life?
Anna Nelson is an executive coach who helps business owners maximize the impact they have in the world. Anna is here on Solopreneur Money today to demonstrate how you can use a strengths assessment to improve not just your business, but your life as well.
Anna and I discuss goal setting, her coaching business, and how to learn what you are best at so that you can love what you do. Press play to join us for this conversation.
You will want to hear this episode if you are interested in... * Anna’s story [1:02] * How goal setting (at any age) can make dreams happen [7:46] * How Anna works with her clients to unlock their potential [13:50] * Using a strength assessment to improve your business and life [17:12] * How to use the Clifton Strengths assessment to improve your business [31:43] * The money questions [38:11]
Resources & People Mentioned * BOOK - Now Discover Your Strengths by Gallup * Clifton Strengths Test
Connect with Anna Nelson * Anna’s website * @AnnaYNelson on Instagram * Anna on Facebook * @AnnaYNelson on LinkedIn
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Have you been thinking about starting a podcast? As a solopreneur, a podcast can help you expand your reach and bring in more clients. But just getting started can feel overwhelming.
Like you, Derrick Michaud is a solopreneur who has overcome his limiting beliefs. Derrick runs a full-service podcast production agency that helps beginning podcasters navigate the turbulent waters of this amazing communication tool.
If you have ever had the inkling to start a podcast you won’t want to miss this episode to hear tips on how to get started.
You will want to hear this episode if you are interested in... * How Derrick got to where he is today [1:22] * The ups and downs of starting an agency [7:26] * The biggest challenges that Derrick faced [14:10] * How Derrick overcame his limiting beliefs [17:00] * The nuts and bolts of starting a podcast [19:46] * Should you buy the best gear? [25:06] * The money questions [29:25]
Resources & People Mentioned * Upwork * PODCAST - Retirement Starts Today Radio with Benjamin Brandt
Connect with Derrick Michaud * Shelby Row Productions * Podlogix podcast
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Are you experiencing changes in your business but aren’t sure what that means? Have you been constantly comparing your business success with that of others on social media?
My guest, Rai Hyde Cornell, joins me today to discuss the stages of business and what those stages mean. You won’t want to miss this interview if you are interested in aligning your business with your life dreams.
You will want to hear this episode if you are interested in... * Rai’s story [1:22] * When did her whispers start [3:48] * What are her clients' biggest needs [6:20] * The 3 stages of business [10:32] * You may go back and forth between the stages based on your life [19:34] * The money questions [25:47]
Resources & People Mentioned * Voxer app * Episode 49 - How to Have Great Content with Rai Hyde Cornell
Connect with Rai Hyde Cornell * Soar! podcast - get inspired by other entrepreneurs! * Check out the Chiron Consulting workshops each month! * ChironConsulting.US * Chiron Consulting on Instagram * Chiron Consulting on Facebook
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Do you want to win the tax game? If so, you may want to consider doing Roth conversions.
On this episode of Solopreneur Money, you’ll learn what a Roth conversion is, why you might want to do one, when you might want to do one, and how to do a Roth conversion. If you have been wondering what all the hype about Roth conversions is, then make sure to press play to find out.
You will want to hear this episode if you are interested in... * What a Roth conversion is [1:02] * How to win the tax game [6:30] * When to do a Roth conversion [11:28] * How to do a Roth conversion [15:18]
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Have you ever thought that your business could be expanded locally but aren’t quite sure how to make it happen? My guest today is Derrick Michaud, founder of Shelby Row Productions. Derrick serves clients all over the country but was trying to find a way to tap into his bustling local economy.
You won’t want to miss his story to hear the idea that came to him which helps him serve his community and will help him achieve his business goals. Press play to hear his story.
You will want to hear this episode if you are interested in... * How Derrick got to where he is now [2:22] * How to qualify potential clients to work with [8:28] * What is The Real Hernando? [11:38] * What steps did he take to get the Real Hernando put into place [19:32] * How does he plan to monetize his podcast? [24:51] * The money questions [27:35]
Connect with Derrick Michaud * Shelby Row Productions * The Real Hernando podcast * Podcast Producers Network on YouTube
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Building your brand equity is the most important thing that you are not doing to grow your business. Many choose to focus on direct marketing and that’s great! If you do, keep doing it. Direct marketing is a fantastic way to increase your revenue now; however, building your brand equity will ensure that your business grows in the long term.
Bobby Klinck discovered this secret in 2018 and has been helping solopreneurs learn how to grow their business for the long-term ever since. Listen in to discover how Bobby learned what to focus on to help him grow his business.
You will want to hear this episode if you are interested in... * Bobby’s story [1:22] * What he learned [13:10] * Bobby’s target audience [18:20] * Building brand equity and why it is important [20:18] * Putting in the time [30:10] * The money questions [33:25]
Resources & People Mentioned * BOOK - The Slight Edge by Jeff Olsen
Connect with Bobby Klinck * www.BobbyKlinck.com * Bobby on Facebook * Bobby on Instagram * The Certified BADA$$ Online Marketing Podcast * BADA$$ Online Marketing University
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Do you know how to build relationships through social media? Do you have a social media strategy that focuses on gaining clients?
Josh Munoz and Derek Hurtado have worked hard to perfect their digital sales strategies and techniques. Josh and Derek created Grow Now Digital to teach solopreneurs how to connect with their ideal prospects by utilizing LinkedIn and other social media. They have a ton to teach us about using social media to expand our client base, so don’t miss out on this valuable conversation.
You will want to hear this episode if you are interested in... * How they started Grow Now Digital [1:22] * Taking a peek behind the scenes of social media marketing [9:30] * How to start to build conversations on social media [12:10] * What the next move is after the first conversation [23:21] * An example of how this all works [25:15] * How they package their services [28:48] * How they help their clients find their customer avatar [35:25] * The money questions [39:37]
Resources & People Mentioned * PipeDrive * RedTail
Connect with Derek Hurtado and Josh Munoz * Grow Now Digital * Grow Now Digital Facebook group * Joshua Munoz on LinkedIn * Derek Hurtado on LinkedIn
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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As a solopreneur, you probably don’t have employees, but how are you supposed to grow your business without employees to take some of the burdens?
Lorette Pruden joins me today to discuss how you can create strategic relationships across fields to bolster your business and make it more profitable. You won’t want to miss this conversation. Press play to learn how to shift your business mindset to look for referral partnerships that can help you make more money.
You will want to hear this episode if you are interested in... * Lorette’s story [1:22] * How to help businesses grow their business without employees [3:30] * How to shift your mindset to incorporate a starburst business model [12:57] * How to figure out who the connectors are [16:52] * Build a profitable business plan [22:24] * The money questions [29:10]
Connect with Lorette Pruden * Schedule your CallWithLorette.com * Lorette on LinkedIn * Lorette Pruden on Facebook * Team Nimbus NJ on Facebook * TeamNimbusNJ.com
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Do you realize that you have giant potential but aren’t quite sure how to unlock it? Nicholas Townsend Smith is a performance coach and author of the book, The Giants and the Smalls and cofounder of the Wake Up With Giants program. He joins me on this episode of Solopreneur Money to teach us how we can all live a giant life.
Nick helps individuals see the gaps in their performance and create a clear path to change. By helping leaders and individuals navigate twelve journeys, he has taught them to unlock unlimited growth to live a Giant life.
You will want to hear this episode if you are interested in... * How Nicholas got started with the life he lives today [1:22] * How the book is written [10:26] * Journey of unconsciousness [13:43] * How depression can increase your awareness [17:56] * Trust your vision [26:32] * Collaboration increases our capacity [30:25] * Abundance feeling good and giving back [35:36] * The money questions [40:24]
Resources & People Mentioned * Steve Hardison * BOOK - Who Moved My Cheese? By Spencer Johnson * BOOK - The Ultimate Coach by Alan Thompson and Amy Hardison * BOOK - The Happy Pocketful of Money by David Cameron Gikandi * BOOK - The Black Swan by Nassim Nicholas Taleb * BOOK - Man’s Search for Meaning Victor Frankl * BOOK - Yes to Life by Victor Frankl * BOOK - Dare by Barry McDonagh
Connect with Nicholas Smith * BOOK - The Giants and the Smalls by Nicholas Smith * The Giants and the Smalls on YouTube * Tribe of Giants on Facebook * Wake Up with Giants TV on Facebook * The Giants and the Smalls on LinkedIn
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Are you ready to get your product or service out to the masses but don’t know how to start publicizing it? If so, this is the right episode for you.
On this episode of Solopreneur Money, Susan Harrow, author of Sell Yourself without Selling Your Soul, joins me to show us how to create the perfect message that the media will love. You’ll learn how to package your story in ways that make great soundbites and promote yourself with integrity so that you create connections with potential clients.
You will want to hear this episode if you are interested in... * Susan’s story [1:32] * Susan’s ideal clients [6:32] * Creating messages so the media will love you [10:35] * Creating a repeatable pattern [17:25] * What’s next [23:24] * How Susan works with people to create their stories [28:43] * The money questions [31:10]
Connect with Susan Harrow * Check out all the goodies that Susan has on PRSecrets.com * BOOK - Sell Yourself without Selling Your Soul by Susan Harrow * Susan on Facebook * Susan on Twitter * Susan on Pinterest * Susan on Instagram * Susan on LinkedIn
Connect With Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Are you ready to get your business off to a great start, generate income, and maximize cash flow to build your finances? Breakout growth expert, Tami Jaffe, joins me today to discuss how to get your business started off right.
Tami helps guide her clients through the transition from the corporate world to starting a new business. Listen in to hear the top 3 things that you can do to get your business moving in the right direction from day one.
You will want to hear this episode if you are interested in... * Tami’s story [1:52] * How long it took for her to get started [7:55] * Mistakes that new business owners make [14:58] * Clarity will help your business grow [22:32] * The money questions [25:00]
Do you have a book that you want to write but don’t know how? Or maybe you have a wealth of information to share with your audience but no time to write a book.
Meghan McCracken, Chief Experience Officer at Scribe Media, joins me today to discuss the writing process with Scribe Media and how writing a book can lead to long-term success for your business. You won’t want to miss this episode to learn how writing a book can help your business.
You will want to hear this episode if you are interested in... * Meghan’s story [1:52] * What do they do to do the market research? [5:54] * What steps does one take to tell their story [10:02] * What is the next step [14:48] * How to use the book to grow a business [18:06] * How to ensure more success [20:40] * What has a book done for clients [25:55] * The money questions [31:15]
Resources & People Mentioned * Episode 71 - An Interview with My Ghostwriter * Episode 72 - The Solopreneur Money Manifesto Book
Connect with Meghan McCracken and Scribe * ScribeMedia.com * Meghan@scribemedia.com * Meghan McCracken on LinkedIn * Scribe Book School
Connect with Gabe Nelson * BOOK – The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Are you one of the millions that are ready to join the great resignation? If you have a side hustle, that could be your ticket out of the corporate world and into solopreneurship.
Charles Alexander is a small business coach who focuses on helping entrepreneurs get focused so that they can beat the odds of small business failure. If you are ready to learn how to take your side hustle and turn it into a full-time business then press play now.
You will want to hear this episode if you are interested in... * How Charles got where he is today [1:22] * How to switch from side hustle to full-time [9:00] * What causes businesses to fail [16:31] * Create leads [23:40] * Start cheaply [36:48] * The money questions [41:35]
Resources & People Mentioned * BOOK - The Solopreneur's Money Manifesto by Gabe Nelson * BOOK - The Happiness Advantage by Shawn Achor * BOOK - The Millionaire Next Door by Thomas J. Stanley * Episode 10 - Create a Morning Formula to Supercharge Your Life with Buddy Rathmell * BOOK - Miracle Morning by Hal Elrod
Connect with Charles Alexander * YourCharlesAlexander.com - Make sure to grab the ‘How to Turn Your Side Hustle into a Small Business’ Checklist * Your Charles Alexander on LinkedIn
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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If you are listening to this episode in April, you may have taxes on your mind. There is a lot that goes into tax preparation, but if you have been prepping throughout the year you’ll have no reason to fret.
Today my good friend and CPA James Buss joins me to discuss tax tips, tax planning, and share his insider’s insight on how to get better service at tax time. Learn what you should be thinking about as you get ready to file your taxes.
You will want to hear this episode if you are interested in... * James’ story [1:22] * Why the IRS shredded 30 million paper-filed tax returns [5:40] * Whether it is smarter to e-file [8:54] * The best time to do tax planning [13:22] * 2021 tax letters [16:20] * How to get tax papers to your tax preparers [21:50] * The speed of 2021 refunds [27:08] * What can you can do to get a better tax experience [29:44] * The difference between an EA and a CPA [35:26] * The money questions [41:22]
Resources & People Mentioned * Episode 6 - How to Survive an Economic Recession and Keep Your Business in Tact with James Buss
Connect with James Buss * James’ Website * James on Linkedin * Email James: james at busscpa.us
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Doc Wright fell into entrepreneurship and he has been taking chances ever since.
On this episode of Solopreneur Money, you’ll hear how Doc got started making gorgeous live edge wood furniture and art, how he consistently grows by taking chances, and how he learned to trust his decisions. Before you start listening, first, check out Doc’s website TheWrightEdge.com to see his amazing live edge wood pieces, and then press play to learn how he found this niche.
You will want to hear this episode if you are interested in... * How Doc got started with his artwork [2:35] * What were the first steps that he took to get his business started [7:30] * Biggest challenges of becoming a solopreneur [13:40] * The best job and worst job he had were one and the same [17:49] * How he dealt with Covid in his business [24:10] * The money questions [28:30]
Resources & People Mentioned * Episode 49 - How to Have Great Content with Rai Hyde Cornell * Hooked On Code
Connect with Doc Wright * TheWrightEdge.com * @thewrightedge on Instagram * @thewrightedge on Facebook * Doc Wright on LinkedIn
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Do you have a brilliant idea that you haven’t had a chance to make work? Are you trying to discover how you can be your best self? If you have been asking either of these questions, then you won’t want to miss this interview with Sarah Fruehling. Sarah Fruehling is the Founder and CEO of Fruehling Coaching and Facilitation. Her area of expertise is helping her clients find their best selves. Sarah is on a mission to help impact leaders transform themselves so that they live in their zone of genius and can experience an upward spiral of evolution and growth. Listen to this episode of Solopreneur Money to discover how you can unlock the joy and passions that are buried deep inside you.
You will want to hear this episode if you are interested in... * Sarah’s journey toward self-actualization [1:22] * What Sarah means by pathologization [5:51] * Who Sarah works with and how she helps them transition into their best selves [12:24] * How Sarah creates a sacred space for her clients to be able to unburden [19:41] * The science of happiness [20:48] * How to use the whispers to increase your happiness [25:12] * The money questions [32:35]
Resources & People Mentioned * BOOK - The Happiness Advantage by Shawn Achor * BOOK - Big Magic by Elizabeth Gilbert
Connect with Sarah Fruehling * Fruehling Coaching * Fruehling Coaching on LinkedIn * Fruehling Coaching on Facebook * @Fruehling Coaching on Instagram * Sarah’s YouTube channel
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Have you ever had those little ideas come from seemingly nowhere to the back of your mind? You know those ideas; they are the powerful dreams that might seem to be just out of your reach. Laurie Seymour and I call those ideas the whispers, and today, you’ll learn how to bring those whispers to fruition so that you can start making money from them.
Connect with Laurie Seymour * The Baca Institute * Laurie on Instagram * The Baca Institute on Facebook * Laurie on LinkedIn * The Baca Institute on Twitter * Laurie’s LinkTree * Creative Innovator Style Quiz * Inspiration into Action Intensive Retreat * Work with Laurie Complimentary Virtual Tea
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Laurie Seymour is an Innovation Alchemist in addition to being a best-selling author, host of the Wisdom Talk Radio podcast, an international speaker, and the Founder of The Baca Institute. She helps solopreneurs listen to their intuition and follow their gut instincts to create an inner compass. Upon doing so, her clients learn how they can turn their biggest ideas into actions. Learn how to pay attention to your deeper self by listening to this episode with Laurie Seymour. Make sure to listen until the end of the episode to hear the interesting story of how Laurie came up with the name The Baca Institute for her company.
You will want to hear this episode if you are interested in... * Laurie’s story [1:22] * How she went from psychotherapy to being a solutions engineer [7:10] * How to tune into the whispers [16:45] * How to stay focused on this [20:20] * An example question to ask ourselves [25:42] * Where the whispers can take you [32:07] * The money questions [33:16]
Every one of us lies somewhere on the mental health spectrum with good days and bad. Mike Pagan developed mental wealth as a play on words of the term mental health. Mental wealth involves pursuing your true potential and well-being by developing a committed support network.
Although Mike is not a mental health counselor, he is a speaker, executive coach, and the author of 4 books. Mike uses his nonstandard approach to encourage his students to build their network so they can have the right people surrounding them to build the structure and support foundation to lift them up and bring balance to their lives. The support network can help give you the strength you need to achieve your goals.
You will want to hear this episode if you are interested in... * How Mike got where he is today [1:22] * Why Mike chose to live where he does [6:20] * Where the idea for mental wealth came from [10:18] * What to do next [16:30] * How to create habits [25:10] * What a coach can do for you [28:20] * A recap [36:35] * The money questions [44:18]
Resources & People Mentioned * Episode 53 - 5 Weeks to Writing a Bestseller with Ben Gioia
Connect with Mike Pagan * MikePagan.com * BOOK - Mental Wealth by Mike Pagan * Mike Pagan on LinkedIn if you would like to connect mention you heard him on this episode
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Do you have what it takes to be a healthy, happy human or are you lacking in some areas? Many of us struggle to find happiness but don’t understand why. Dr. Renee Thornton from Pathfinder Resilience is here to teach us how to navigate adversity and achieve total wellness. She came up with the 8 wellness dimensions after powering through a lifetime of struggle with the grit and determination that it takes to succeed. There is so much to learn from Renee’s story so don’t miss out. Grab your AirPods and press play now.
You will want to hear this episode if you are interested in... * How Renee got where she is today [1:32] * Where her resilience came from [19:02] * What wellness encompasses [24:01] * How to build up capital in each area [32:12] * The money questions [37:38] * How to find Renee [52:05]
Connect with Renee Thornton * Pathfinder Resilience use the code Solopreneur Money to get a discount on * Renee on Facebook * Navigating Adversity on Facebook * Renee on Instagram * Renee on LinkedIn
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Do you know your weaknesses? Understanding your weaknesses can help you create a pathway to success in your business and in your life.
Dr. Jerome Lubbe is a neurologist and personal trainer for the brain. He helps his patients understand the function of the brain so they can improve their lives.
Being a functional neurologist has shown Jerome that the healing we once thought was impossible is actually possible. Neuroplasticity tells us that we are capable of change. Check out this fascinating interview with Dr. Jerome Lubbe to hear how you can optimize your mind and improve your life and business.
You will want to hear this episode if you are interested in... * Jerome’s story [1:22] * Jerome's business [13:03] * How to build around your weaknesses [18:18] * How he shifted his mindset [23:32] * Understand your weaknesses through increased self-awareness [26:20] * The money questions [29:14]
Resources & People Mentioned * How I Built My Band series - Start Here!
Connect with Dr. Jerome Lubbe * DrJerome.com * BOOK - The Brain Based Enneagram by Dr. Jerome Lubbe * @Doctor.Jerome on Instagram
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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First responders are put into the most traumatic situations and expected to respond with order and calm. They help the rest of us through the worst times of our lives. However, being exposed to constant trauma can take a toll on a person’s psyche.
Rodger Ruge understands the stress that first responders deal with on a daily basis. As a 20-year law enforcement veteran, Rodger has experienced the impacts of dealing with traumatic events firsthand. Rodger has had to overcome his own adversity to deal with the CPTSD diagnosis that left him with suicidal ideations.
He sought healing in non-traditional ways and wanted to share what he has learned with the first responder community. Today, Rodger describes how yoga, meditation, and breathwork can help people overcome adversity and learn how to manage stress in their lives.
You will want to hear this episode if you are interested in... * How Rodger got to where he is today [1:52] * The benefits of meditation and yoga for first responders [16:48] * Rodger’s success stories [19:38] * What Rodger is doing today to help his community [22:08] * What you can do now to center yourself [27:02] * Making deposits to your resilience bank account [32:50] * The money questions [37:11]
Rodger’s story As a California motorcycle patrol officer, Rodger was often one of the first responders to motor vehicle accidents. This role led him to see many traumatic accidents. One particular horrific multi-car accident was the catalyst that lead to a diagnosis of complex post-traumatic stress disorder (CPTSD).
He didn’t realize it at the time, but that accident left him traumatized and changed his life. After witnessing that event he sought danger at every turn, causing what psychologists described as, suicidal ideations. Confronting this reality, Rodger realized that he had to find a solution to take back his life.
Nontraditional healing has brought Rodger peace Since then, he has relentlessly explored non-traditional modalities to find healing and peace. These practices were founded in the principles of mindfulness and resilience from the wisdom of cultural practices dating back thousands of years.
Rodger has dedicated his life to exploring the world in search of nontraditional therapies to help bring healing to himself and others. After retiring from law enforcement in 2005, Rodger founded Hero Talk LLC to teach first responders how to balance their body, mind and spirit as they serve their communities. Rodger performs his work through his advanced training programs, life coaching, keynote engagements, as well as his podcast, HeroTalk.org.
The benefits of meditation and yoga for first responders Stress relief techniques aren’t taught in first responder training, so these heroes don’t have the tools they need to deal with the stress they encounter every day.
Rodger experiments with all kinds of nontraditional treatments and acts as an ambassador between those practices and the heroes that need them to deal with the constant stress in their lives. He vets the woo to bring back the most helpful techniques that can change lives.
First responders are saturated with sympathetic nervous system dominance. Nonstop stress allows cortisol to constantly come into the brain and keep it engaged. This means that the body and mind begin to break down over time due to high cortisol levels. Yoga, meditation, and breathwork restore the parasympathetic nervous system and bring back balance in the mind and body. These powerful tools can be used by anyone to help the mind rest and restore equilibrium to the nervous system.
Cultural competency is important Many traditional psychologists, healers, and therapists don’t have the cultural competence to help first responders deal with their level of stress. Rodger understands exactly what these heroes have experienced. This is why he is working so hard to empower his community to find the solutions that work best for them.
Listen in to hear the best explanation that I have heard about how to meditate and learn how restoring the parasympathetic nervous system can help anyone navigate adversity.
Resources & People Mentioned * BOOK - The Oxygen Advantage by Patrick McKeown
Connect with Rodger Ruge * BOOK - Navigating Adversity by Rodger Ruge * Rodger on Linkedin * Rodger’s Podcast: The Kensho Way * HeroTalk.org
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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You may be a high achiever, but do you have the high performance habits that you need to attain your goals? Eva Medilek is a certified high-performance coach, international speaker, author, and cultural inclusivity trainer. Eva specializes in helping solopreneurs have more money, time, and success without sacrificing their health, well-being, and relationships in the process. Are you ready to learn the high performance habits that you need to achieve your goals? Press play to learn what you can do now to get on track to realize your goals.
You will want to hear this episode if you are interested in... + How Eva got to where she is now [1:32] + How she learned about high performance coaching [4:34]
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The 5 relationship personality syles [14:27]
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How Eva supports her clients [21:38]
- 3 steps to develop high performance habits [25:34]
- The money questions [32:38]
How Eva became a high performance coach After working 30 years for others as a dental assistant, Eva discovered that the only way that she would reach financial independence would be to start her own business. The only problem was figuring out what to do.
A commercial real estate informational seminar showed her a path to financial freedom. But success in her new business came at a steep cost. She discovered that she had sacrificed her personal life and relationships to reach her goals.
Then she read a book that would change her life. High Performance Habits showed her that there was a way to attain success without sacrifice. After following the author online, she ended up taking his coaching certification class where she not only learned the balance that needed to strike in her own life, she also learned how to teach others to do strike that balance as well. Learning high performance habits was the solution she needed to strike the right balance between work and play.
The 5 relationship personality syles Before you can begin to implement high performance habits, you’ll need to start with a bit of introspection.
Most conflict occurs when people don’t feel seen, heard, or respected. Lack of communication affects every relationship and to have effective communication in your relationships you have to understand how you communicate with others.
Different personality types communicate in different ways and the habits from your past can come back and sabotage your relationships today. Understanding different personalities and communication styles can help you become a better communicator. You can use the acronym STYLE to help you remember each style.
- Seeking to please - These people who often seek approval may have had a critical or overprotective parent.
- Tries to control - There may have been abuse, chaos, or turmoil in this personality types’ home growing up.
- Yoyo - This personality type goes back and forth between pushing and pulling. They have a desire to be connected since their parents may have been too busy to give them the attention they craved.
- Looks to accept blame - These were passive kids looking for the abuse or turmoil in their homes to stop.
- Evades emotions - As children, they were often told to suck it up so they learned to hide their emotions.
These habits and traits were developed over years, but now you have an opportunity to upgrade your toolbox. Use Eva’s quiz to discover your own personality style so that you can set a transformational goal. The purpose of this quiz is to help you recognize what is holding you back so that you can implement the habits you need to get you where you want to go.
3 High performance habits tips Being a high achiever and a high performer are two different things. To become a high performer you must have consistency. It is important to consistently put habits and practices in place so that your success continues to grow in a way that you aren’t sacrificing what is important to you. To create success without sacrificing your entire life implement these 3 things:
- Clarity - Identify exactly what do you want and where are you unhappy in your life. It is important to have a clear vision for your life. You’ll need to ask yourself many questions to reveal your true goals.
- Establish clear priorities - Without having clear priorities, you can fall prey to FOMO or shiny object syndrome and miss out on success. With every choice you make consider if it is supporting the priority that you have for the day, month, year, and life that you envision.
- Take responsibility - When you say yes to everything, you end up making poor choices. Create clear boundaries and communicate them to your team members. When those around you know your boundaries, they will support you in accomplishing your goals.
Eva Medilek has some amazing truth bombs to throw at you. Make sure to listen in to hear the entire interview so that you can build success without sacrificing your life.
Resources & People Mentioned * BOOK - Rich Dad Poor Dad by Robert Kiyosaki * BOOK - High Performance Habits by Brendon Burchard
Connect with Eva Medilek * EvaMedilek.com * EvaMedilek.com/quiz - Take the quiz to learn how to improve your communication skills * TalkWithEva.com * Eva on Instagram * Eva on Facebook * Eva on LinkedIn * Eva on YouTube * Eva’s Facebook Group * Don’t miss Eva’s FREE gift - The Essential Pillars of High-Performance
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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The key to success lies in making good decisions. As solopreneurs, your decisions affect every part of your life and can lead to the success or failure of your business. Enhancing your decision-making skills can improve not only your life but your business as well.
Danute Debney Shaw brings her unique perspective to teach her broad approach to decision-making. On this episode of Solopreneur Money, Danute will teach us how to expand our perceptual awareness to our decision-making skills so that we can make better choices.
You will want to hear this episode if you are interested in... * Danute’s story [1:32] * Believe in your own subjective awareness [5:45] * An example of subjective awareness [9:18] * How using an intuitive process can help you make good decisions [14:48] * A story of awakening [19:45] * Trust being responsive rather than reactive [23:33] * Grounding vision and ideas [27:02] * What do people come to Danute for [34:22] * The money questions [38:35]
Danute’s background has led her to where she is today Danute Debney Shaw is a consultant, facilitator, speaker, and writer who focuses on bringing innovative thinking strategies to process development. Her background includes over 25 years of experience in management, organization, and law which spans broadcasting, corporate, governmental, aviation, and not-for-profit organizations.
With her diverse cultural background and complex skill sets, Danute teaches others how to draw upon their inner resources to improve their decision-making skills. She has facilitated workshops in leadership, management, and personal resilience development across the United States and England.
We lose our natural decision-making skills in childhood Parents want their children to grow up to be successful in the world. Unfortunately, that means teaching children to accept the knowledge that is given to them from the outside world without much prior thought. This blind acceptance leads to problems with discernment. People don’t learn to trust the voice inside themselves and or understand how to deal with the information they are given.
As solopreneurs, we need to learn how to move beyond our upbringing to follow our intuition so that we can make better decisions. Discerning information and improving the way you analyze decisions are keys to being successful solopreneurs.
Trusting your intuition is the first step to improving decision-making skills Solopreneurs face so many decisions every day. Since there are tremendous challenges to making good decisions, we must use every resource available to us, both within ourselves and through reputable outside resources. Strengthening our awareness of opportunities, choices and challenges is the first step in developing dynamic outcomes and resolutions which will ultimately build the necessary resilience that all solopreneurs require. Learning to trust your intuition is a skill that can be built and practiced like any other.
Stay in the present After learning to trust your intuition it is important to learn to be present in any situation. If you are fully focused on what is happening, you’ll learn to engage consciously. Staying in the present means avoiding distractions.
You can bring in your own subjective awareness once you are able to consciously engage fully in each situation. Conscious engagement will help you to appreciate your challenges, maximize your opportunities, and build your resilience.
Danute offers us so much information on how we can enhance our decision-making. Learn what you can do now to improve your life and business by improving your decision-making skills.
Connect with Danute Debney Shaw * www.CelaPhontus.com * BOOK - How the Tin Man Found His Brain by Danute Debney Shaw * Danute on Instagram @CelaPhontusLLC * Facebook @CelaPhontusLLC * Danute on Linkedin @DanuteDebneyShaw
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Daniel Olexa coaches dead people. When I read that I had to do a double-take! On this episode of Solopreneur Money, Dan explains what he means by that in addition to teaching us how slowing down can help us make better decisions and change the world. If you are looking for ways that you can not just improve your life but change the world, then you won’t want to miss this interview.
You will want to hear this episode if you are interested in... * How Daniel coaches dead people [1:32] * How did Daniel get to where he is today [5:02] * How can we slow down and change the world [19:38] * What makes Daniel different from other coaches [28:16] * The money questions [30:30]
Are you one of the walking dead? Are you one of the living dead that wanders through life on autopilot? So many of us are stuck in the grind of everyday life: moving from one meaningless task to the next and counting the hours until the weekend when we can finally unwind. Wouldn’t you like to come back to life to experience life beyond the day-to-day minutiae?
Dan specializes in bringing the dead back to life. He has a unique ability to create a space for his clients to allow them to revive themselves and lead a life worth living.
Dan’s clients follow his steps so that they can begin to intuitively and substantially experience life. He brings his clients beyond the soul-sucking grind of day-to-day life to pursue a life filled with freedom and purpose.
Slow down and root yourself Most of us are living frenzied, ungrounded lives that are raging out of control like a feather in a tornado. We often wear our busyness like a badge of honor. But having all of those plates spinning only leads to fear and stress.
To break free from the fear and stress you need to slow down and listen. When you intentionally slow down you can ground yourself and distance yourself from the effects of the whirlwind that has become the typical American lifestyle.
How to slow down Telling someone to slow down and actually doing it are two different things. Which is why I asked Dan, how? What can we do to effectively slow down in our busy lives?
One thing you can do to unbusy yourself is to schedule personal time for yourself. Rather than filling your calendar for other people, save some time to schedule dates for yourself.
During this scheduled meeting with yourself take the time to recharge. Think about how you recharge your batteries. Take a walk, read a book, do yoga, create art; whatever it is that you can do to care for yourself, do it and do it from a clear space of being.
After your date, you should have a clear head to be able to make informed decisions that are in alignment with your authentic self. You’ll be able to listen to your soul.
Take action! Listen in to get more tips from Dan on how you can slow down to align yourself to make better decisions and create a better world. You can also head on over to Dan’s website DanielOlexa.com to get his FREE ebook!
If you’re in the mood to read, check out my book, The Solopreneur’s Money Manifesto, which is now available on Amazon. In it, I give concrete action items so that you can master your finances to create the life you want.
Resources & People Mentioned * Steve Hardison - The Ultimate Coach * BOOK - Blue Zones by Dan Buettner * BOOK - Black Hole Focus by Isaiah Hankel * BOOK - Thursday Is the New Friday by Joe Sanok
Connect with Daniel Olexa * DanielOlexa.com Grab your FREE ebook! * Daniel on Facebook * Daniel on Instagram * Daniel on LinkedIn * YouTube: Sue Talk - There are no accidents in the Universe
Connect With Gabe Nelson * BOOK - The Solopreneur’s Money Manifesto * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Do you find that the pressure of your daily work zaps your energy and ruins your mental clarity? If so, you may have an aversion toward the processes, structures, routines, and systems that are needed for emotional regulation. An ungrounded sense of self, imposter syndrome, and self-doubt can funnel people into a scarcity mindset which can cause many fears that affect business.
Loraine Van Tuyl, PhD, is a licensed clinical psychologist and shamanic ecopsychologist who offers sensitive souls and intuitive empaths who are overwhelmed by modern-day life tools they need to protect and funnel their energy into the structures that support their biggest visions and missions. In this episode of Solopreneur Money, you’ll learn how to ground yourself and ground your energy so that you can boost your productivity.
You will want to hear this episode if you are interested in... * What is a soulpreneur? [3:12] * Loraines entrepreneurial journey [7:10] * Making sure you don’t become a longer, stronger caterpillar [17:32] * How Loraine created her own cocoon [22:21] * How to ground your energy to boost your productivity and your life [26:10] * Check for disharmony and imbalance [32:25] * The money questions [40:12]
How did Loraine become a shamanic ecopsychologist? Loraine grew up in the rainforest of Suriname, a small country in northern South America. Growing up, she had a hard time managing her emotions and often got caught up in others’ conflicts. As an empath, she had trouble articulating her emotions. She understood that she felt more aligned in nature, but she suffered energy imbalances that took decades to identify and heal.
She thought that studying clinical psychology would help heal her own energy and emotions but quickly discovered that wasn’t the case. That is when she began to incorporate shamanic work into her studies. After spending decades healing herself, Loraine was drawn to help others come into their own alignment. She now uses energy healing to help empaths and other sensitive souls clear their energy and make the most of their lives.
Loraine’s why Loraine feels that the mystery of nature is the wellspring, gold mine, and holy grail that we've been after in our quests, big and small, for centuries, and that it's been hiding right under our noses and we keep ignoring its sirens and wisdom.
She senses that the time of reckoning has arrived and we're all being called to step up. She believes that only by rediscovering our true nature and sharing our buried gifts with one another we will be able to leave the world in a better place for our children and future generations.
What is a soulpreneur? As you listen to this episode you’ll hear Loraine talking to soulpreneurs, notice this isn’t the same as the word solopreneur that I use. Loraine’s reference is to people such as writers, artists, teachers, and people interested in improving energy.
Energy and soul have roughly the same meaning in this context. These words reference the spirit and the spiritual which brings to mind the meaning, the wonder, and the magic of the sacred. Soulpreneurs have an interest in promoting these things. Soulpreneurs look to align the mind, body, and spirit. Are you a soulpreneur-solopreneur?
Are you taking aligned action or blind action to further your business? Learn how to stay aligned with your true self. Listen to hear tips on how you can start a practice of grounding yourself by reconnecting with something that you've already done. By giving yourself space and grounding yourself you’ll learn how to transform your fear into courage.
Resources & People Mentioned * BOOK - The Subtle Body by Cyndi Dale * PODCAST - Episode 398 The Uphill Battle of Being Your Own Boss with Amy Porterfield * BOOK - Donut Economics by Kate Raworth
Connect with Loraine Van Tuyl * The Sacred Healing Well - Check out Loraine’s FREE energetic boundaries course! * Don't miss out on Loraine's Soul Authority course!
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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The Solopreneur’s Money Manifesto has finally been published, and in today's episode, I offer you a behind-the-scenes preview of the book. You’ll learn why I wrote this book and how it came together, in addition to an inside peek of the book. If you are ready to master your finances to create the life you really want then don’t miss this episode.
You will want to hear this episode if you are interested in... * Why I wrote my book [1:32] * The basics of my book [4:17] * The case study I use in my book [12:51]
Why I wrote my book The pandemic caused us all to slow down and I chose to spend time reflecting on my life. I started thinking about the clients that I enjoyed working with the most over the past 26 years of financial planning, and I realized that I loved helping successful solopreneurs master their finances so that they could live the life they want.
I help my solopreneur clients relax enough to do the things they love to do while I assist them with their financial lives. With my guidance, they know that they’ll be able to retire and that I’ll help them reduce their tax bills. I even help my clients to improve their businesses and create a better life for themselves.
With all the extra time the pandemic provided, I realized that I could write a book to help more solopreneurs master their finances to live the life they want. Once I had an outline for the book, I realized I needed more direction, so I hired a company called Scribe to help me with the process. If you haven’t listened to episode 71, check it out to hear about the amazing experience I had with my ghostwriter!
The basics of The Solopreneur’s Money Manifesto My book is broken up into 3 parts: setting yourself up for success, planning for purpose, and putting it all into place.
Setting yourself up for success starts with your vision for your life and your business. I use the life wheel as a tool to help you understand where you are in relation to your life goals. This tool and the included assessment will help you get a better understanding of what kind of life you want to live.
Next, I discuss mindset. Mindset is so important for success, and it is especially important for solopreneurs. If you can take control of your thoughts and change the way you think then you’ll be able to change the way you act. Once you have your mindset in place you’ll be able to gain more control of your life and put effective habits in place that align with your life vision.
Now that you understand where you want to go you can start to develop a financial plan. My financial planning process starts with where you are at now so that you can understand how to get where you want to be.
In the putting it all in place section I outline the process of how I worked with a client as a case study. This is where the book comes to life. The case study illustrates the client experience and you can visualize your own situation as you think through your financial plan.
Grab your copy of The Solopreneur’s Money Manifesto Head on over to Amazon to grab your copy of my book and when you’re done reading don’t forget to post a review. If you finish the book and realize that you don’t want to work on your own financial plan, head on over to GabeNelsonFinancial.com and press Start Here to schedule a consultation.
Resources & People Mentioned * BOOK - The Sale’s Edge by Gene McNaughton * BOOK - You Are a Badass by Jen Sincero
Connect With Gabe Nelson * BOOK - The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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My book, The Solopreneur’s Money Manifesto, is all set to publish tomorrow, January 11! Since many of you solopreneurs have thought about writing your own books, I wanted to share the process of how my book was created.
On today’s episode, you’ll meet Mark, my ghostwriter from Scribe Media, who describes the steps that we went through to get my book published. If you have ever thought about writing a book of your own, you won't want to miss this interview to hear how Mark and Scribe helped me stay on track and get my book published.
You will want to hear this episode if you are interested in... * Mark’s journey [1:32] * The scribe-author matching process at Scribe [6:38] * How the process works [11:20] * What happens if the matching process isn’t working [19:07] * The case study helped bring the book to life [21:56] * Lessons learned from the writer’s perspective [26:40] * The money questions [29:20]
Who is Mark Travis? Mark Travis is, first and foremost, a storyteller. From an early age, he loved writing, but he really honed his skills during his years as a newspaper journalist. His role as a reporter taught him how to listen carefully, ask careful questions, think on his feet, and process what he heard.
Unfortunately, the days of local newspapers are coming to an end despite Mark’s 10 years fighting to save them as he worked on the business side of newspaper publishing. This industry decline led Mark to work with a tech startup before he tried freelance writing. With freelancing comes a feast or famine mindset which makes it hard to earn a steady paycheck. When Mark heard about Scribe, he was excited to work through the challenging hiring process and find a steady stream of clients.
Mark’s background in journalism and tech prepared him well for the role of ghostwriting at Scribe. He feels like the core of the job takes him back to his journalist roots and his years working in the business end of newspaper publishing prepared him to work with Scribe’s business-minded clients.
Scribe’s process to match authors with ghostwriters Scribe works hard to match each author with the right ghostwriter. To do so, they dig in to discover the author’s North Star. Once they help the client flesh out what they are trying to write and who the target audience is, then they help match the client to the ideal ghostwriter.
As a solopreneur who is approaching retirement, Mark knew he was the perfect fit for my book. Our process wasn’t all business; we built a relationship along the way which helped Mark discover my voice.
The writing process After our initial interview, Mark learned more about me and my goals for the book. He led me through the Scribe writing process by asking me a series of questions. He learned the basic idea for the book, my ideal audience, and my secondary audience. Using Mark’s questions, we were able to come up with an avatar and give them a name. Then, Mark wrote a few introductory samples to make sure he was capturing my voice. Listen in to hear how he not only captured my voice but improved it.
Over a series of phone calls, we went through the content of the book which Mark used to create the first draft. After getting edits from Scribe’s professional editor, we went through a similar process to tweak the draft before getting the book ready for the production and marketing phases.
The Scribe process sets the author and ghostwriter up for success. Listen in to hear how Scribe can help you write your story. They take the challenge and mystery out of the book publishing process.
Resources & People Mentioned * Scribe
Connect with Mark Travis * AuthorMarkTravis.com
Connect With Gabe Nelson * BOOK - The Solopreneur’s Money Manifesto by Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Happy New Year! As you begin the new year it is a good idea to reassess your financial and business situation. In this episode, you’ll hear tips for fresh beginnings both financially and in your business. Press play to hear what you need to do to start the year off right.
I have amazing news to share with you! My book is published and ready to purchase! Head on over to Amazon to grab your copy of The Solopreneur’s Money Manifesto: How to Master Your Finances and Create the Life You Want. After you read it please leave a review so that we can make it a bestseller.
You will want to hear this episode if you are interested in... * Updating your vision [3:22] * Reassessing your financial plan [5:35] * Understanding your risk management situation [9:55] * Preparing for the tax year [12:35] * Updating your will [14:17]
What is your vision? The beginning of a new year is an ideal time to reassess your vision. Has it changed over the past year? Where are you trying to go with your business and your life? Are your personal and professional visions changing?
Revisit your mission. If your personal and business goals have changed, what do you need to be doing to accomplish those goals? Think about action items and habits that you need to start to form to make your vision come true and write them down so that you can get started.
How is your financial plan? Take a look at your financial plan to see what you need to adjust throughout the coming year. Assess your cash flow: is it up or down from the past year? Have there been any major changes in your finances? Are there any bills from last year that you no longer have to pay this year? If so, what do you want to do with that money now? Make a plan for it.
How is your debt situation? Have you paid off any old debts? Do you need to refinance your home? If your mortgage rate is more than 4% then now is a good time to refinance.
Make sure to revisit your savings. Do you have 6-12 months of emergency savings set aside in your business and personal accounts? Do you have any major expenses coming up like large purchases or vacations? Start setting aside money to pay for those upcoming expenditures
Where are you at with your retirement savings goals? As a solopreneur, there is no one offering you a retirement plan, so you need to build it yourself. Do you max out your SEP IRA? Do you need to open a solo 401K? Do you need to add more per month or put a pension in place?
Do you want to help your kids financially with their college goals? If so, do you need to increase or decrease those savings?
How is your risk management situation? The heading of risk management includes life insurance, health insurance, and disability insurance. It is important to assess your insurance needs periodically.
Health insurance is expensive yet important. If you enroll in a high deductible plan you’ll be able to open an HSA. I’m a huge fan of HSAs, so if you can start saving in one then do.
Check that you have the right amount of life insurance. You should have 5-10 times your yearly earnings in life insurance. Do you have disability insurance? If so, you may not even need it. Listen in to discover why.
Check your investment portfolio How are your investments? After the year the markets have had chances are they are up! But that could mean that you need to rebalance. Revisit your portfolio to see if it matches your risk tolerance and make sure you are invested the way you want to be.
Are you ready to create action items to get your financial affairs in order for 2022? Think about who you need to call to start moving the needle to continue to master your finances to live the life you want. If you need help reaching your financial goals head on over to GabeNelsonFinancial.com to schedule an introductory consultation.
Check out this episode to hear what else you should be doing to improve your financial and business situation in the coming year.
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * My New Book! The Solopreneur’s Money Manifesto * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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I love writing thank you notes. They are a fantastic way to express your gratitude to someone for something you appreciate. Many business owners write them to their clients, but have you ever thought about writing a thank you note to yourself?
I was recently working with my coach when she suggested working through this exercise to help me express my gratitude for the events that took place over the course of this year. Listen to this episode of Solopreneur Money to hear how I worked through this process and how you can use this activity to help prepare you for the upcoming year.
You will want to hear this episode if you are interested in... * Have you ever written a thank you note to yourself? [0:42] * How I work through this exercise [2:20] * Creating your thank you note [4:54] * Use your lessons as your guide for next year [6:57]
Take some time to pause and reflect on your accomplishments As solopreneurs, we are always moving forward and looking ahead. We rarely take the time to look back to see what we have accomplished. By pausing for a moment to think about the year that has passed, you can take this as an opportunity to think about what you have overcome this year.
The first step in this process is to grab two sheets of paper. I like to make the first one a mind map. Think through the year month by month and think about the biggest accomplishment, the biggest mistake, and the biggest challenge you had each month of the year. By working through this activity you’ll be able to think about the lessons that you learned from each of these. What have you learned from the past year?
Expressing gratitude can help you plan ahead On the second sheet of paper you’ll write your thank you note. This can be a letter thanking yourself or thanking the year itself. In my note, I expressed thanks for learning to love travel, for learning that if I keep plodding along I can accomplish anything, and for learning to keep a cool head.
After expressing gratitude for what you’ve learned you’ll probably notice some themes that arise that you were thankful for. Now it is time to plan the year ahead based on what you have learned.
You can take the lessons that you learned to help you set your goals for the upcoming year. From those goals, create action items that you will do based on what you learned over the year
Check out my YouTube channel to see my mind map and thank you note. How will you structure your mind map and write your note?
Resources & People Mentioned * Check out the video of my mind map on my YouTube channel
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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If you have ever had a tech issue in your business, you know that IT influences every aspect of business. Since IT is so integral to businesses these days, it is important to rely on an IT consultant you can trust.
Barbara Wittmann makes IT simple, sage, and strategic by working with leaders and their teams. On this episode of Solopreneur Money, you’ll learn what you can do to improve the role of IT in your business by becoming a better leader. IT problems aren’t always what you think. Learn the best way to solve them by listening to this episode of Solopreneur Money.
You will want to hear this episode if you are interested in... * How Barbara got here [1:22] * What she is doing now [9:55] * Barbara’s IT wisdom [11:22] * How Barbara got to Death Valley [17:58] * The money questions [20:17]
How did starting a business in the US differ from in Germany? Barbara Wittmann was a successful entrepreneur in Germany before moving to the US in 2016 to marry the love of her life. In Germany, she was an expert in innovation consulting and was known as a professional in her field.
Upon moving to the US, she knew that she would start a new US-based business, but she had to learn how to navigate the unfamiliar rules and business structures that come with moving to a different country.
Barbara went from being an entrepreneurial expert to becoming a novice. While it was interesting to learn new ways of doing things, at the same time, learning the ropes was a bit frustrating. She feels that the biggest differences between owning a business in Germany and the US are in banking and healthcare.
What does Barbara Wittmann do? Barbara makes IT simple, sage, and strategic by bringing out the best in the leader and the team she is working with. As a trusted CIO advisor she is able to synthesize everything she knows as an entrepreneur, leadership coach, and IT consultant.
Since she had her fill in the limelight, Barbara now enjoys working in the background of the companies she assists. Barbara helps her clients establish structures that will help them become innovation leaders within their companies. She also helps her clients make difficult, strategic decisions.
Do you have an IT solution overload? Solopreneurs sometimes have an overload of IT solutions. They often buy everything they can to avoid having tech issues. This can lead to a number of subscriptions that they don’t really need and these costs can add up over time. As a solopreneur, you don’t have money to throw away. So take a step back and consider if you use everything that you are paying for each month. There may be many subscriptions that overlap or you simply don’t need
Walk your talk You know that IT influences every part of your business because when something goes wrong everything can fall apart. One way to solve IT problems is by becoming a better leader.
It is important to be an authentic leader by stepping out of the role of the typical CEO and getting back to your values. When you explore your personal values you can become an authentic leader. Being authentic means walking your talk and not leaving your values behind to chase money.
Listen in to hear Barbara’s unique approach to solving IT problems. Learn how you can make business, life, and IT come together by creating synergies around you.
Resources & People Mentioned * Listen to the Building Your Band series by starting here
Connect with Barbara Wittmann * The IT Zeitgeist
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Have you ever taken a personality assessment and then promptly forgotten what you learned? This can happen with those types of tests because the labels they affix don’t have much meaning. My guest today, Cheryl Zalieckas, has modified a popular personality assessment tool by using animals to help you understand your own personality and that of the people around you. Press play to learn how to become a better communicator and listener by using animals to help you understand personality types.
You will want to hear this episode if you are interested in... * How Cheryl became interested in personality tests [1:22] * How Cheryl started CElizabeth Consulting [5:15] * How much easier it was to start her business than her husband's [9:17] * The animals personality types [11:19] * Each animal type and how to communicate with them [14:21] * Take a FREE assessment [29:33] * The money questions [32:20]
How Cheryl became a communication consultant Cheryl Zalieckas is known as the efficiency and effectiveness queen among those who work with her. She has been in the healthcare industry for 21 years but has always had a fascination with different personalities, psychology, and leadership. She feels that understanding each personality type can help people become better communicators and leaders.
When she found the DISC personality assessment tool Cheryl understood that it was a powerful mechanism that could help people learn to communicate with those around them. The only problem with the analysis was the titles for the 4 domains it uses leave the user with easily forgettable terms. When Cheryl heard a presentation that used 4 animals to describe the different personality types using the DISC assessment she understood that this model could help people improve their communication skills.
How to use the 4 animal categories to be a better communicator The DISC assessment often falls flat for people that are interested in employing the tool but when animal categories are used, this boring analysis comes to life. Each of us knows someone that would be a good representative from each of the 4 domains. See if you can spot someone you know.
Gorilla - Dominant, assertive, and fast-paced decision-makers, gorillas are looking for results. This type of person likes to cut to the chase and get down to business. When communicating with a gorilla it is helpful to avoid small talk and stick to important details. Gorillas don’t want to be bogged down with the minutiae.
Flamingo - Often described as social butterflies, people tend to flock to flamingos. Flamingos stand out from the crowd and make friends easily. They are generally spontaneous and inspiring. Communicate with flamingos by doing the opposite of what you would do with gorillas. They enjoy small talk and love to connect on an interpersonal level.
Chameleon - Just like the animal, human chameleons are amazing. They are process and systems-oriented since they like to make sure everything is running smoothly. Chameleons are easygoing and don’t mind doing whatever works for everyone else in the group. When communicating with chameleons it is important to be sincere and don’t be pushy.
Turtle - Turtles love to ask why over and over. They want all the details before they can make any decisions. This group is often cautious and are described as rule followers. Process and procedure are important to turtles. They make sure to cross all the t’s and dot the i’s. When their extensive research shows that they are right, turtles can be obstinate and dig in their heels. When dealing with turtles make sure you are well prepared and organized with the information they need.
How to get your FREE assessment and debrief If you want to learn how to unlock the doors of communication it is important to know yourself first. You can do this by taking an assessment at CElizabethconsulting.com. If you put Gabe Nelson in the comments you’ll receive a free assessment and debrief. Solopreneurs need to be excellent communicators, so see how Cheryl can help you by checking out the packages on her website.
Connect with Cheryl Zalieckas * CElizabethconsulting.com - get your free assessment and debrief by entering Gabe Nelson in the comment field
- Cheryl on Facebook @CElizabethConsulting
- Cheryl on Instagram @CElizabethConsulting
- Cheryl on LinkedIn
- Email connect (at) CElizabethConsulting.com
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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You may be aware of the benefits of having a gratitude practice, but have you ever heard of the idea of compulsive gratitude?
My guest today is B.T. Harman, a freelance content creator, speaker, and podcaster, who has a fascinating gratitude practice that we can all learn from. B.T. also shares his practice of self-mapping, which is an innovative activity that can help you better understand yourself by defining your strengths and weaknesses. You’ll love hearing this intriguing conversation with B.T. on a variety of topics.
You will want to hear this episode if you are interested in... * BT’s pilgrimage [1:22] * What does BT Harman do? [7:58] * The hardest thing about striking out on his own [11:24] * How he manages time [14:28] * How he uses gratitude to reframe his lens [16:37] * Learning how BT uses self-mapping to fine-tune his life [22:29] * How to spin all the plates [30:34] * The money questions [36:08]
What does B.T. Harman do? B.T. Harman is a former marketing executive turned creative strategist, podcaster, and speaker. His time in the corporate world was fruitful and full of learning and growth. The bulk of his career was spent at an amazing, values-based organization with a positive company culture.
B.T. isn’t the typical solopreneur that couldn’t wait to get away from his tedious corporate life; he actually had a hard time walking away from his career. Despite all the positive trappings of his traditional job, in 2016, B.T. chose to resign to become a solopreneur who consults on storytelling and brand strategy. Disengaging from the structure of his career in the corporate world allowed him to enjoy the randomness and variety of solopreneur life. B.T. states that this was the best decision he ever made.
Compulsive gratitude has rewired B.T.’s brain Mental and emotional health are important to good leadership, and one way to get to a mentally healthy place is through regular gratitude practice. B.T. describes his form of gratitude as compulsive gratitude. He reframes every thought he has through a lens of gratitude. This has helped rewire his brain to find positive outcomes, and, thus, his gratitude practice has increased his happiness. Compulsive gratitude has helped unshackle him from toxic emotions.
The way he has achieved this rewiring is by using a comparing down strategy. Everyone knows that comparing yourself to others is a quick way to unhappiness; however, using the compare down strategy has led B.T. to feel a deep sense of thankfulness. He constantly thinks about his life in the context of those who are disadvantaged which helped him create an abundance mindset.
How B.T. uses self-mapping to increase his self-awareness B.T. realizes that he is his greatest asset. With this realization, he recognizes how important it is to deeply understand himself. To help him interpret the inner workings of his mind, B.T. uses a strategy that he describes as self-mapping.
Essentially, what self-mapping entails is relentless attention to oneself. He takes careful notes on anything he notices about what he enjoys or doesn’t and what he is good or bad at. This way he understands his strengths and weaknesses and he can learn how to work around them. B.T. is careful to review the notes he takes regularly to make the most of what he has learned.
B.T. and I cover a lot of ground in this engaging conversation. Learn about his recent pilgrimage across northern Spain, how he handles so many tasks, and how he maintains his positive mindset by pressing play. Make sure that you never miss an episode of Solopreneur Money by hitting the subscribe button at the bottom of your favorite podcasting app.
Resources & People Mentioned * BOOK - The Daily Stoic by Ryan Holiday
Connect with B.T. Harman * BTHarman.com * B.T. on Instagram @BT_Harman * B.T. on LinkedIn * Harbor
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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It’s not enough to simply generate ideas to improve your business. To ensure that your business grows you must execute those ideas. Today’s guest, Kevin Gainey, is here to teach us about effectiveness and execution. You’ll learn how to become more intentional so that you can become the person that you want by doing the things you need to do to reach your goals. Listen in to learn how to become more intentional, gain clarity, and be consistent.
You will want to hear this episode if you are interested in... * The events that changed Kevin's life [1:22] * The actions he took once he got better [6:40] * Effectiveness vs. execution [11:17] * Tactics to use to improve effectiveness [14:44] * The money questions [18:20] * How to find Kevin [24:15]
A medical event changed his life I meant to have Kevin on an earlier episode of Solopreneur Money, but last spring he had a major health emergency that caused him to reevaluate his life. After experiencing an odd pain in his chest, Kevin decided not to ignore it like he normally would. That decision saved his life.
Within hours Kevin was undergoing open-heart surgery and was unconscious for 6 days. His heart problem wasn’t a typical heart attack or another lifestyle-based issue; it was completely random. Kevin was lucky that he paid attention to his body at the right time, because of that and the excellent medical staff he is still here today.
Kevin isn’t squandering his second chance at life Naturally, a health emergency such as the one Kevin had, causes one to reassess their life, but the words of a nurse caused him to dig even deeper. The nurse told him that this second chance to live was given to him for a reason and that he shouldn’t waste it. Those words struck home and Kevin has been intentional about his life decisions ever since. Listen in to hear Kevin explain how this health emergency changed his life.
Restructuring his business caused Kevin to enjoy a newfound freedom Everything that Kevin does now is done with purpose. He wants to make the most of his second lease on life. This newfound intentionality led him to analyze his commitments, how his business was structured, and how he spends his time.
Kevin assessed how to streamline the systems and processes in his business so that he could spend more time in his business rather than on his business. This action gave him a sense of freedom to pursue the work that truly fills him and to spend more quality time with his family doing the things they enjoy.
Effectiveness and execution require consistency To become the person you want to be you must do the things that person does. So if you want to become a writer you must write every day.
Consistency is key to becoming the person you want to be. This means that you need to execute--to do things you need to do on a daily basis. Just like investing $100 a month every month will get you further than $1,000 sporadically, consistency is key. Consistency defines who you are and who you will become.
Kevin is presenting you Solopreneur Money listeners with a special offer to improve your execution and effectiveness by working on mindset and improving tools and systems in your business. Enjoy the first month of Kevin’s workshop for FREE by using the coupon code SOLOMONEY. Signing up for Kevin’s workshop is a great way to take action on becoming more intentional.
Resources & People Mentioned * BOOK - The Slight Edge by Jeff Olson
Connect with Kevin Gainey * Kevin Gainey.com--Use the coupon code SOLOMONEY to receive a FREE month of Kevin’s mindset and tactical training * TheBeingnessCoach.com * Kevin on Instagram @beingnesscoach and @kwgainey * Kevin on LinkedIn * Kevin on Facebook
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Do you know anything about astrology? I didn’t know anything about it until I met today’s guest. Robin Wald is not only a certified life coach and certified yoga and meditation teacher, she is also a professional consulting astrologer and spiritual educator. Her company, Cosmic Wisdom Coaching, is the vehicle by which Robin supports her clients' success, growth, and well-being through her expertise and integrated wisdom.
In this episode of Solopreneur Money, Robin shares how she uses astrology to help her clients explore their goals and values to find their true purpose. Are you ready to learn how astrology can help you find your purpose? Press play now.
You will want to hear this episode if you are interested in... * Robin’s story [2:32] * How long it took Robin to reassess her life’s calling [11:02] * How did she understand how to begin to build this business [14:35] * Astrology 101 [23:27] * What causes people to ask for her help [27:52] * How people work with her [38:31] * How she learned how to work with couples [41:22] * Finding your purpose is always the starting point [43:37] * The money questions [48:05]
Robin learned how to take all her talents and turn them into a business Robin Wald wasn’t always a certified life coach, she wore many hats before finding her true calling. After graduating from college, Robin worked in civil engineering. When she wanted a change in scenery she got a master's in nutrition and became a nutrition counselor. While helping her husband with his business over many years, Robin also became a yoga and meditation instructor. This is when she discovered that she loved teaching teenagers and introducing them to spirituality.
After she and her husband divorced, Robin recognized that she had to recalibrate her life. Her goal was to figure out how to take her talents and turn them into a business, and that is exactly what she has done with Cosmic Wisdom Coaching.
Astrology can help you better understand yourself Robin has always had an interest in astrology and continued to learn more about it and develop her skills throughout her life. Astrology was one way that helped her make sense of the world around her. Robin mentions that astrology isn’t as woo-woo as people think; it is actually quite mathematical.
Astrology can help you map your potential by giving you the psychological and archetypical language to help you understand yourself. Many people are searching for their highest calling so that they can better understand what they should be doing with their life. Astrology can be used to help answer that question.
Not everyone expects to become a solopreneur Becoming a certified coach helped Robin integrate all of her skills so that she could not only support herself but she could help others by using her natural gifts. It had never occurred to her that she could use her gifts to become a solopreneur. Her previous professional roles have always been in the background in support of others. She never had the ambition to be out front, but life changes caused her to reassess her situation. As a solopreneur, she has been able to create her own rules and structure her business the way that makes the most sense to her.
Could astrology help you find your purpose in life? Has Robin piqued your interest in astrology? You can learn more with a Comprehensive Natal and Transit Astrology Session or Cosmic Wisdom Coaching Session. Head over to Cosmic Wisdom Coaching and use the coupon code SOLOMONEY10 to receive 10% off a session.
Is your business in line with your purpose? Find out how astrology can help you explore your values to find your true purpose so that you can trust yourself and your own wisdom by listening to this interview with Robin Wald.
Connect with Robin Wald * RobinWald.com * Use the coupon code SOLOMONEY10 to receive 10% off of a Comprehensive Natal and Transit Astrology Session or Cosmic Wisdom Coaching Session * Robin on Instagram @robinwaldcosmicwisdom * Robin on Facebook @robinwaldcosmicwisdom
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Is your life filled with purpose and intentionality? If you are like most people, it’s not. My guest today is Alex Bunyan who has spent his working career interviewing and assessing thousands of professionals. That work has taught him that the majority of even the most successful people are floating adrift in their professional lives.
Alex became an executive coach to help leaders find clarity and purpose so they can realize their true potential and live an intentional life. You won’t want to miss Alex’s golden nuggets of wisdom that he dishes out on this episode of Solopreneur Money. Grab your AirPods and be prepared to dig deep when you press play.
You will want to hear this episode if you are interested in... * Alex’s story [2:12] * How Alex lost his way and found it again [22:41] * The biggest challenge in building Alex's business [30:37] * The role that purpose plays in your life [36:45] * The role that intentionality plays in your life [46:45] * The money questions [51:07]
Alex Bunyan bet on himself to pursue a life of purpose Alex Bunyan grew up as the son of an RCMP officer in Canada. His upbringing was similar to the typical Army Brat lifestyle--moving every 2 years, always being the new kid, and constantly the outsider. While It may not have been easy to grow up in small, rural communities as the son of the local cop, Alex’s childhood taught him how to adjust to new situations and how to read people.
Alex always thought he would become a high school English teacher, but a leadership opportunity in retail came along first and provided him with great money, plenty of freedom, and a wealth of learning opportunities.
When Alex was let go in a restructuring event at the bank he worked at, he chose to take the opportunity to gain clarity and find his purpose. When he looked deep into himself he realized that becoming a leadership and career coach was the best way for him to live an intentional life.
Are you sure you are following your passion? Many solopreneurs have heard the advice “follow your passion,” but this advice is often misunderstood and poorly executed. This is because people fail to dig in and explore what their true purpose is. As a coach, Alex helps others explore this question and tease out their own answers.
It is important not to confuse your job title with your passion. Your passion is about more than what you do for a living. Passions live beneath the functions of your work.
Have you explored what motivates and inspires you? Are you living a purpose-filled life?
The next step is to get intentional After you discover your true purpose it is important to take deliberate steps to live a purpose-filled life. This is where intentionality comes in. Intentionality is the follow-through that comes after finding your true purpose. Acting on the steps you need to take to structure your life around your purpose is being intentional. Have you thought about whether your life and business are in line with your purpose? Do you live an intentional life?
Listen to this insightful interview with Alex Bunyan to hear how you can ensure that you create an intentional business and live out your purpose.
Connect with Alex Bunyan * ShiftCo * Alex on LinkedIn * Email: Alex (at) ShiftCo.ca
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Do you feel like your business isn’t as successful as it could be? Are you treating your business more like a side hustle or as a legitimate business? On this episode of Solopreneur Money, you’ll learn why it is so important to get legit so that you can succeed in your business.
Gordon Firemark helps business owners set themselves up for success by making sure they have all their ducks in a row. As an entertainment lawyer, he understands exactly what it takes to create a successful business since he has seen so many businesses thrive and fail. Today he shares what he has learned from his work with business owners, and he will teach you how to do the things that professionals do to achieve the results that professionals achieve. Press play to learn how to get legit and go pro.
You will want to hear this episode if you are interested in... * How Gordan became the podcast lawyer [2:02] * What he works on now [11:03] * How to get legit and go pro [13:08] * The money questions [19:10]
How Gordan became the podcast lawyer Gordon became interested in the entertainment industry early in life. As a child, he frequently went to the theater with his family and even majored in theater in college. He wanted to go into the film industry, but his interests shifted after a teacher mentioned that he would make a great entertainment lawyer.
After college, he applied to a grad school program and to law school. The future became clear when he only got accepted to law school. Although Gordon never envisioned himself as a lawyer, he has found his niche in the entertainment industry working with theater, film, and podcasts.
How to become legit and go pro In Gordon’s years of experience as an entertainment lawyer, he has seen business owners succeed and fail. This has provided him with a unique perspective to be able to analyze what it takes to succeed in business.
Gordon noticed that the business owners who had a professional mindset from the beginning were more apt to succeed in their business. Rather than waiting for a certain milestone to legitimize their business, they did so from the get-go. His advice to solopreneurs is to think legit, plan legit, and behave legit.
Have a plan Once you get into a professional mindset then you can develop your plan for success. It is much easier to follow a plan than it is to figure everything out as it comes to you. Advance planning will help you to anticipate roadblocks and hurdles that come at you so that you can prepare your response ahead of time. When you work without a plan then you spend much of your time putting out fires.
Think about how you can sketch out your plan for your systems and strategies, how you will make your money, and how you can structure a team of professionals so that your business can thrive.
Create the right mindset Success comes from creating the right mindset. Your business won’t be able to prosper until you change your mindset to one of success. Create the right attitude, vision, and execution to take your business to the next level. When you think that you are a legitimate business owner you’ll be able to plan like a legitimate business owner and behave like a legitimate business owner.
In this episode, Gordon provides plenty of insights for solopreneurs and he even has FREE resources to share. Check out his FREE ebook and FREE guest release form for podcasters. Listen in to hear why it is so important to have your guests sign a release when they appear on your podcast.
Connect with Gordon Firemark * GordonFiremark.com * Get your FREE podcast guest release form! * Don’t miss Gordon’s FREE ebook - 5 Steps to Protect Your Online Business * Podcast - Entertainment Law Update * Podcast - More, Better, Faster * Blog - Firemark.com * The Podcast Lawyer on Facebook * Gordon on LinkedIn * Gordon on Instagram * Firemark.tv on YouTube
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Do you wish you could be more inclusive with your business but don’t know how? Rev. Dr. Terrlyn Curry Avery is actively working to dismantle racism in our society with her coaching program and her upcoming book Dismantling Racism.
Her goal is to help thought leaders change the status quo by dismantling the structures that have created racial disparities.
Terrlyn is a transformational leader, coach, speaker, author, and retreat leader that will open your eyes to how you can help fight racism. Join me for this enlightening conversation to learn how you can become more aware of racial inequities and deepen your level of consciousness and commitment surrounding these disparities.
You will want to hear this episode if you are interested in... * The meaning of the word pastologist [2:02] * How Terrlyn heard God’s call [6:24] * Why Terrlyn decided to write her book [13:13] * What you can do to dismantle racism [18:47] * How to change your mindset surrounding racism [28:23] * Learning to deal with the discomfort that racism brings [32:56] * The money questions [34:46]
What is Pastology? Rev. Dr. Terrlyn L. Curry Avery wasn’t always a pastor, she first became a psychologist. Her goal in life has always been to help people heal and she did that for years as a psychologist working with disenfranchised youth in schools, reform centers, and psychological hospitals. Even though Terrlyn had a successful career as a psychologist she felt called by God to become a pastor.
After studying divinity and becoming a pastor she wanted to find a way to merge her gifts as a psychologist and a spiritual leader which is why she coined the term pastology. Pastology is her way of focusing on the synergy between the fields of pastoring and psychology and she now helps people heal and become the best they can be in all levels of their lives: mentally, spiritually, emotionally.
How Rev. Dr. Curry began her work helping to dismantle racism As a woman of color, Terrlyn Curry has had to deal with systematic racism since birth. She noticed how it affected her family growing up and also observed the disparity between the treatment of white children and children of color in schools and hospital settings in her work as a psychologist.
Terrlyn realized that as a pastor and psychologist that she was in a position to do something to help dismantle racism which is why she decided to write her book and offer coaching courses. Rev. Dr. Curry provides coaching support for thought leaders to help them understand how their sphere of influence can change the status quo.
In her programs, Terrlyn offers participants an opportunity to engage in structured, thought-provoking, action-oriented dialogue. Her programs are designed to increase awareness of racial inequities and to deepen the level of consciousness and commitment of participants around issues of systemic and institutional racism. These discussions are further designed to begin the individual transformation and further systemic transformation within organizations, communities, and institutions.
What can you do to help dismantle racism? If you are a transformational leader you don’t get to opt out of the conversation on race because it is at the forefront of all of our minds. If you want to make a bigger impact on the world, then you have to position your business to be more inclusive. You may be unintentionally leaving out people of color without even being aware of it.
To understand what you need to do to become more inclusive you first have to understand what drives you. First, you must transform yourself. You’ll need to ask yourself difficult questions. As you work your way through these questions you may feel discomfort but without discomfort, you cannot experience growth.
Discover what questions you need to be asking yourself so that you can step up and take action. Check out Terrlyn’s FREE downloadable resource on her website that will walk you through 6 essential steps that you can take to get started on this journey.
Resources & People Mentioned * 1619 Podcast * JeannieSpiro.com
Connect with Rev. Dr. Terrlyn Curry Avery * SacredIntelligence.com * Terrlyn Curry on Facebook * Rev. Dr. Terrlyn Curry on Instagram @RevDrTLC * Rev. Dr. Terrlyn Curry on Twitter @RevDrTLC * Rev. Dr. Terrlyn Curry on LinkedIn * Email: info (at) sacredintelligence.com
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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To succeed in your business and further yourself you have to create the right mindset. My guest, Dorothy A. Martin-Neville, Ph.D., has learned about the power of mindset firsthand and through her teachings. Her success hinged on her curiosity and her ability to reframe the stories she told herself.
I’m so excited for you to hear this conversation! You’ll be fascinated by Dorothy’s inspiring story and be ready to take action to improve your mindset and reframe your stories. Press play now to listen to these words of wisdom.
You will want to hear this episode if you are interested in... * Dorothy’s story [1:52] * How too much success affected Dorothy [11:21] * Creating a mindset to keep going [14:50] * Building a mindset for success [20:15] * How reframing your stories can change your future [23:24] * The money questions [30:15]
How Dorothy transitioned from being an orphan to becoming a nun to becoming a pioneer in integrative health Dorothy A. Martin-Neville, Ph.D. wasn’t always an international speaker, best-selling author, Executive Leadership Coach, and a world-class pioneer in integrative health. She had a long and arduous journey that started in an orphanage and led her to the housing projects of South Boston. These challenging formative years gave her an inner strength that many people can only dream of. She remarks that after her difficult upbringing, success was her only option.
After graduating from a non-accredited Catholic high school, the only positive future that Dorothy felt she could attain at the time was to become a Catholic nun. Once she achieved this goal, her sense of adventure led her to become an international airline stewardess.
When she divorced her husband and became a single mom, Dorothy knew that she would have to figure out how to make ends meet on her own, so she put herself through graduate school and became a wildly successful therapist. Listen in to discover how her work in therapy led to her creating a college course and how she has now become a pioneer in integrative health.
Don’t ask why, ask why not Despite, or perhaps because of, Dorothy’s humble upbringing, she always knew she wanted more. She had the curiosity and the mindset to see more of the world and to strive for more. Instead of asking herself why should I do that, she asked why not? The question why not led her to see the world as an airline stewardess, to seek work that feeds her soul, and to make the world a better place through her pioneering work in integrative healthcare.
Reframe your stories Burnout comes when we forget who we are. It is easy to get lost in where you are now. One way to combat this is to reflect on your feelings and emotions. Periods of reflection give you permission to develop the mindset to remember your own spiritual journey and walk your own path. Upon reflection, you’ll realize that you can choose your emotions and reframe the way you create your stories.
The life that you have created is not who you are rather the life that you created is because of who you are. Your mindset defines the stories you tell yourself and what you can accomplish. Think about how your stories are limiting your life. How could you tame the monkeys in your mind and reframe your stories to go beyond your self-imposed limits?
Listen to this episode with Dorothy Martin Neville to help you take a peek into your own mind so that you can break free of your self-imposed limits.
Connect with Dorothy Martin Neville * AskDrDorothy.com * Dorothy on LinkedIn * Dorothy on Twitter @AskDrDorothy * Dorothy on Facebook
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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How can you expand your reach so that more people can find your business? The answer is simple: unmute yourself. Rich Oceguera joins me today to share his 5 step process to unmute yourself and expand your reach. You’ll learn how you can become a recognized authority in your industry so that you can serve more clients and make more money. Are you ready to broaden your reach? If so, press play to hear the 5 steps you can take to make yourself seen and heard to your audience and become a thought leader in your industry.
You will want to hear this episode if you are interested in... * How Rich got to where he is now [2:02] * How he made the change in his mindset [13:45] * How our stories change us [23:22] * How our habits are formed [27:42] * 5 steps to learn to unmute yourself [31:44] * How to go through the steps and make your voice heard [39:35] * How people relate to stories [43:45] * Getting started on camera [49:22] * The money questions [53:19]
From shyness to transformational training coach Rich Oceguera wasn’t always someone that spoke up for himself. As an introverted kid, he suffered from shyness and found himself being the one who was always picked last in any childhood game. That kind of trait doesn’t get left behind in childhood, it impacts one’s life well into adulthood.
After graduating from college, Rich went into sales and quickly realized that he needed to learn how to network. That’s when his shyness and self-talk came rushing back to him. To become the successful sales leader that he needed to be, he knew that he needed to change his mindset. Working with a sales coach, he learned that if he was willing to grow beyond his fears that he could become anything.
Fast forward to today and Rich is a best-selling author, an award-winning entrepreneur, and the host of several talk shows. Rich interweaves his 35 years of business development, speaking, teaching, spiritual development, and video production experience to provide transformational training programs and workshops designed for business owners, authors, coaches, and speakers to help them unmute their voices, confidently promote their wisdom and services and magnetize their ideal customers.
Beliefs form actions and actions change results People struggle with productivity because of their habits. This is because there is no magic pill to improve habits and achieve the desired results. The only way to change your habits is through repetition over time. This action will eventually change your automatic response to a stimulus and form new habits. Are your habits preventing you from reaching your goals?
5 steps to make yourself seen If you want to be visible to your customers then you need to be seen and heard in the way that consumers are looking. 85% of consumers now watch a video about a product before they make a buying decision. With this 5-step unmute yourself formula you can become visible to your customers and be seen as an authority in your industry.
- Unleash yourself - Give yourself permission to put yourself out into the world.
- Change your mindset - Fear of rejection is common since everyone has limiting beliefs. Consider your limitations and drawbacks so that you can create a new set of thought habits to help you operate from a place of power.
- Unlock your story - Stories create relatability. Dig in deep and think about how you want to create your story. People buy from other humans that they know, like, and trust. Create your story to show your humanity.
- Become visible - Get your message out there. Use videos, podcasting, and social media as ways to increase your visibility.
- Expand your message - Use video and audio to create content in many different formats. With one video you can create an audio podcast, a blog post, or a shorter video for email or social media. The more platforms you use the easier it is for your audience to find you.
This is how you can become an unmuted authority in your industry and a thought leader in your field. Become seen and heard so that you can become a recognized authority in your industry so that you can serve more clients and make more money. Listen in to hear how Rich helps others change their mindset so that they can live out their greatest potential.
Resources & People Mentioned * BOOK - You Are a Badass by Jen Sincero
Connect with Rich Oceguera * Rich Awakenings - Claim your free gift! * Rich on LinkedIn * Rich on Facebook @richawakenings * Rich on Instagram @richawakeningsmedia
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Have you ever felt stuck in your business? Getting unstuck can seem impossible, but with the right systems and processes in place, you can overcome the insurmountable.
Nancy Becher is an expert at getting unstuck and that is exactly what she helps her clients do. She titles herself the Chief Flying Pig Wrangler of her coaching business, Business Success Unlimited--a title like that has got to pique your curiosity. I know it did for me! Join Nancy and me as we discuss her background, business coaching, systems, and how to get unstuck.
You will want to hear this episode if you are interested in... * How Nancy got where she is today [2:02] * How Nancy got unstuck [5:20] * How she started her current business [11:25] * Who she works with [18:50] * Integrating programs to fit your business [21:22] * Mastermind [28:52] * The money questions [34:39]
How Nancy became the Chief Flying Pig Wrangler Nancy Becher is not only a business coach, she is a speaker, trainer, radio show host, and author. Nancy has 35 years of experience since she has been in business from the age of 12. Business Success Unlimited took on its current form in 2009 after Nancy's battle with chronic illness.
When severe nerve damage left her in a wheelchair, it permanently changed her life. Not only was she left disabled, but the aftermath also destroyed her business. Thankfully, one day Nancy had an epiphany when she realized that even though her life had changed it had not ended. She realized that she still had so much to offer the world. From then on, she has been determined to help other business owners that suffer from chronic illness.
How Nancy makes pigs fly When Nancy began her battle with chronic illness, she was inundated by doctors' appointments and days that she simply couldn’t work because of the pain. She realized that to ensure that her business would survive, she would have to automate her processes and systems so that her business could run even when she couldn’t.
Once she discovered how to make this happen in her own business, she knew that she could help other business owners overcome their own hurdles.
Nancy helps chronically ill business owners design the processes and strategies to create their own roadmap to success. She gives business owners the dreams that they started their business with back.
Working with established solopreneurs, she teaches her clients how to make their systems run smoothly and effectively so that they can have more time and energy for themselves. She makes pigs fly!
Tips on how to integrate your systems to make your business run smoothly Nancy has loads of tips on how you can integrate processes and systems to make your business run when you can’t. Just like in financial planning, when integrating these systems you must begin with the end in mind.
Listen in as Nancy shares her stories and tips to get your business back up and running smoothly. I know you'll enjoy all that Nancy has to share with us today. After you listen, please make sure to leave a 5-star review on your favorite podcasting app.
Connect with Nancy Becher * LinkTr.ee/NancyBecher
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Is your mindset holding you back from true success? If you are looking for a way to get unstuck then you are in the right place. Stephanie Bogan not only founded the Limitless Advisor Coaching program, but she is also my coach. I am so excited for you guys to hear her wisdom on mindset and learn strategies on how you can change the stories you tell yourself so that you can gain true freedom. Press play to hear how to change your mindset to create the life you want.
You will want to hear this episode if you are interested in... * Stephanie’s story [2:12] * The 3 factors that contribute to our success [11:58] * Starting to change your mindset [15:40] * 5 freedoms of epic entrepreneurs [25:50] * How to change your stories [30:22] * The cost of compromise [47:45] * Getting clear on what is above the line and below the line [51:55] * The money questions [53:03]
How Stephanie Bogan became who she is today Like many successful entrepreneurs, Stephanie Bogan came from humble beginnings. Growing up with a mother who battled mental illness taught her to fend for herself at a young age. She learned that she had two choices in life: succumb to her circumstances or keep moving forward. Moving forward was the path she chose then and the path she continues to choose to this day.
After enjoying the success of selling her business for 7 figures, Stephanie realized that she needed a break. She was great at the business thing, but she never figured out her why. She was burnt out after working so hard for so many years, so she stepped away from it all and decided to retire in Costa Rica. During this time she learned all she could about success and happiness.
Changing your mindset can change your life and your business Stephanie had been quite successful in her business, but she didn’t get to experience true happiness until she retired. As she studied the science of happiness and success she learned that there are 3 factors that contribute to our success: environment, skills, and mindset. However, of these 3 factors mindset contributes 80% to our success. This means that the real work to become successful takes place inside our own heads. Mindset is the soil in which success grows.
How to change your mindset Mindset is the system of beliefs that we hold about the world and which helps us respond to information. To change your mindset you need to systematically improve how your brain works.
Much of the day we are on autopilot since our subconscious takes over to save energy. However, that subconscious tells us stories that aren’t true. If you can change the stories in your head you will become unstuck. Your belief system can become your rocket shooting you into success.
How to build a wildly successful business Stephanie discovered 5 freedoms that epic entrepreneurs enjoy.
- Get clear on your vision and values so that you can work with purpose on your own terms.
- Do work that you enjoy, not just in general but on a daily basis.
- Work with people that you enjoy.
- Enjoy all the financial success and abundance
- Live a life of happiness, fulfillment, and contribution
This podcast is all about gaining the freedom to create a life you love and Stephanie Bogan can help you do just that. If you are ready to build a wildly successful business then you can’t miss this episode. You’ll learn how to align the tongue in your mouth with the tongue in your shoes to make sure that you and your business are heading in the direction that you truly want.
Connect with Stephanie Bogan * Limitless Advisor * Stephanie on Twitter @Steph_Bogan * Stephanie on LinkedIn
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Do you wait until tax time to do your tax planning? If so, then stop what you're doing and listen to this episode of Solopreneur Money.
Tatiana Tsoir, CPA and founder of Linza Advisors is here to explain how you can save money on your taxes with just a bit of 4th quarter tax planning. She’ll also walk through the highlights of her book, Dream Bold, Start Smart, which is written for solopreneurs like you.
The tips that Tatiana shares in this episode are pure gold. Don’t let another year go by without some advanced tax planning. Listen in to hear Tatiana Tsoir explain how you can save money on taxes and start your business off right.
You will want to hear this episode if you are interested in... * How Tatiana got started as a tax professional [2:12] * What Tatiana’s book can teach you [6:45] * Why Tatiana has such a strong opinion about partnerships [11:01] * Starting your business smart [13:58] * How the Dunning Kruger effect can affect your business [20:53] * The power of 9 and the power of 7 [23:45] * 4th quarter tax planning tips for solopreneurs [26:35] * An income-shifting strategy to save on taxes [31:15] * Separating your business and personal accounts [37:02] * The money questions [39:49]
How Tatiana became a CPA and author Tatiana Tsoir grew up in Eastern Europe and moved to the United States to attend university. She realized that her facility with numbers and the experience she had as a bookkeeper would make her a great accountant.
Today, Tatiana is not only a CPA and founder of Linza Advisors, she is also an author. After helping many solopreneurs clean up the mess they made of their accounting at the start of their businesses, Tatiana realized that she could share her experience and help entrepreneurs by writing a book. Her book provides a framework that budding solopreneurs need to start and sustain a profitable business in a responsible way.
Don’t fake it until you make it So many solopreneurs start their businesses on hope and little else, but this is a recipe for disaster. The fake it til you make it attitude will only get you into bankruptcy. Tatiana advises becoming a cash flow master. You need to have an understanding of how much you bring into your business and how much flows out of your business accounts each month. Know your numbers so that you can ensure that you always have enough to pay your bills.
Don’t wait until the year ends to do your tax planning Most solopreneurs wait until the year is over to do any tax preparation, but this doesn’t do anything to help you prepare for the tax bill to come. By bringing your profit and losses up to date you won’t be shocked come April.
Once you reach the end of the year there’s not much you can do to save on taxes. You can contribute to your HSA and retirement savings, but the real tax-saving strategies must be taken during the course of the year.
4th quarter tax-saving strategies for solopreneurs Before the end of the year, there are several strategies that you can implement to save on taxes. One little-known strategy is called income shifting. This strategy can allow you to shift income to other members of your household to lessen the income tax that you owe. This is not a strategy to try on your own; make sure to have a professional help you.
Before the end of the year, you can change from an LLC to an S corporation to ensure that you are taking advantage of the tax savings that an S-corp can provide.
Listen in to hear more tax-saving strategies and to learn how Tatiana’s book could help you and your small business. Tatiana provides us with helpful nuggets that can help you with not only your tax preparation but also in planning your business expenses as well.
Connect with Tatiana Tsoir * BOOK - Dream Bold, Start Smart by Tatiana Tsoir * TalkToTatiana.com * Linza Advisors * Tatiana on Instagram @TatianaTsoir.Author * Tatiana Tsoir on Facebook * Tatiana on Twitter @Tatianaacct
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Do you include everything you need to in your contracts with your clients? As solopreneurs, we can often get wrapped up in everything else that our business entails and forget how important it is to have a solid contract in place. A contract not only protects you and your client but it can also make a powerful first impression.
On this episode of Solopreneur Money, William Warren joins me to discuss the importance of creating contracts. You’ll learn why it is important to have a contract in place as well as what you should include in your contracts.
You will want to hear this episode if you are interested in... * How William Warren became a solopreneur [2:32] * The biggest challenges William suffered as a solopreneur [7:49] * What William did to grow his business [10:38] * The 3 purposes of a contract [14:50] * 8 things you need to learn to write a contract [18:49] * The money questions [34:00]
William learned that starting a business wasn’t as scary as he thought William Warren is the founder and CEO of The Sketch Effect, a creative services company that delivers animated and illustrated communication products to a wide range of clients. When William struck out on his own to build his business he had no experience or training in the business world. He had to figure out the businessy stuff all on his own. Once he got over the initial fear of starting his own business he realized that becoming an entrepreneur wasn’t as hard as he thought it would be and doing what he loves for a living is fun.
3 reasons to use a contract Contracts are one of the areas of business that many creatives shy away from. They may think that they don’t need one or that they are too hard to create, so before we discuss how to write a contract let’s first understand why we need one.
The first reason to create a contract is the most obvious. A contract defines the scope of the work and the price. The client learns what they are getting and how much it costs.
The next reason to use a contract is to set protections or limits. By establishing your limits you will prevent scope creep so that clients won’t continue to ask you to do 'just' one more thing.
A contract also helps you to seal the deal with your client. A well-made contract will turn a potential client into a client.
8 important things to include in your contract 1. Be abundantly clear about the scope of work. Describe what the client is getting, but also make it clear what they are not getting. Make sure to recap the deliverables in plain English. 2. Explain your process. What steps will you take to deliver the product? Establish your process upfront to set expectations. 3. Define when the client will receive the service. This not only gives limitations but it establishes clear boundaries around the time spent on your service. 4. Define the clients’ rights, usage, and exclusivity. State how the client can use the product or service and when they can and can’t use it. 5. Be clear on how much the client will pay and be sure to charge according to your value. 6. Explain how they will pay you. 7. Establish when they will pay you 8. Create a space to sign and date the contract.
It is also important to make your contract look polished so that the client understands that they are working with a professional. A clear, well-made contract will entice future clients to sign and bring in more business.
William Warren shares so much value in this interview. You won’t want to miss all that he has to say. Make sure to listen in to learn from his experience. If you found this episode helpful make sure to share this podcast with other solopreneurs to keep it growing.
Resources & People Mentioned * BOOK - The Clockwork by Mike Michalowicz * Bob Lewis - Lewis Leadership
Connect with William Warren * The Sketch Effect: * The Sketch Effect on Instagram: @thesketcheffect * William Warren on LinkedIn * TheConqueringCreative.com sign up for the email list to receive FREE Custom Business Model Canvas and User Guide * The Conquering Creative on Instagram @theconquringcreative
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Suicide and depression are no joking matter but don’t tell that to Frank King. Frank is a comedian, a suicide prevention speaker, and a TEDx speaking coach who has given 6 TEDx talks himself.
After finding Frank on LinkedIn and chatting with him, I knew I had to have him on the show. Since September is suicide prevention month, this is the perfect time to have Frank share his story.
In addition to learning how to spot the signs that someone you love may be suicidal, Frank also shares what he has learned as a solopreneur. You won’t want to miss this valuable episode with suicide prevention speaker, Frank King.
You will want to hear this episode if you are interested in... * How Frank got started as a suicide prevention speaker [2:12] * Frank’s TedX talks [5:22] * Frank decided to a difference [8:52] * How he became the guy in his niche [12:03] * Combating depression [13:55] * Learning to spot the signs that someone is suicidal [18:39] * The money questions [23:59]
Frank King is a suicide prevention comedian--wait, is that a punchline? Frank King is a suicide prevention comedian, this may seem like the punchline of an off-humor joke, but that is exactly what he does. Frank uses humor and levity to bring a little talked about subject to light. By spreading suicide prevention awareness, Frank is saving lives.
Comedians have been around for ages, even medieval court jesters took on the job of humorously speaking the truth to the powerful on behalf of the powerless. Depression can make one feel powerless, so Frank brings a voice to those in his audience that feel they are fighting their battle alone.
Suicide and depression are no joking matter, but Frank is not only familiar with depression and suicide, he lives with the effects of mental illness each day. Depression and suicide run in Frank’s family: he lost both his mother and grandmother to depression and has been suicidal himself. Frank has been diagnosed with generational depressive disorder and chronic suicidal ideation. Since he speaks from experience, Frank can speak honestly and openly in a way that everyone can understand.
Becoming a TEDx speaker isn’t easy but it’s worth it With 6 TEDx talks under his belt, Frank King knows a thing or two about the platform. He realized that he could use his experience with TEDx talks to help others. Frank became a TEDx talk coach to help people through the complicated application process.
The TEDx application is such a challenging process that many can’t even figure out where to apply. Frank walks his clients through this process and then assists them further by helping them formulate their pitches.
TEDx is all about education, so Frank helps his clients articulate their lesson objectives and come up with the action items that the audience will take away from the speech.
TEDx is an amazing springboard for other public speaking gigs, so after presenting their TEDx talk, Frank helps his clients expand their 12-18 minute speech into a 45-minute keynote speech that they can use anywhere.
Finding the right niche can transform your business Suicide and depression are serious subjects, but they have led comedian Frank King to the perfect niche for himself. As a solopreneur, he has learned how to create a lucrative business helping spread the word about his passion. Find out what other lessons Frank has discovered along his journey. You’ll also learn life-saving tips that could save your own friends and family. Chances are, you'll find this episode just as valuable as I did. If so, please leave a 5-star review on your favorite podcasting app.
Resources & People Mentioned * BOOK - The Message of You by Judy Carter * BOOK - Book Yourself Solid by Michael Port * Suicide Prevention Hotline 1 800 273 8255 * Suicide Prevention Text 741741
Connect with Frank King * The Mental Health Comedian * YourTedXCoach.com * Frank King on LinkedIn
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Do you think you could write a bestselling book in only 5 weeks? If you’ve listened to the show before, you know that I am writing a book so when I connected with Ben Gioia (pronounced Joya) via LinkedIn I knew there was plenty I could learn from him.
Ben is a 3-time bestselling author who teaches others how to write their own bestsellers. He has his own proven method called Influence with a Heart. Ben has an amazing story and I know you’ll be just as excited to hear what he has to say as I am. Press play to hear his journey (which is fascinating!) and to learn how you can write your own bestseller.
You will want to hear this episode if you are interested in... * How Ben overcame death in India [2:32] * How Ben overcame death in India AGAIN [9:48] * How the Influence with a Heart program got started [14:22] * Learning why you should write a book [21:49] * Overcoming the obstacles of writing a book [29:13] * How to handle your book's publication process [34:38] * The money questions [38:56]
The Influence with a Heart method is like having a business coach help you write your book Ben Gioia is the real deal, not only has he written 3 bestselling books, he wrote one of them in just 3 weeks! After writing a book in 3 weeks he realized that this was a skill that others would want to learn which is why he created the Influence with a Heart method. Ben believes that anyone can write a book. His process is like having a business coach help you write your book.
How the Influence with a Heart process works The first step in the process is to establish your audience. Do you already have an audience? You’ll want to ensure that you know exactly who your target audience is so that you know how to make an impact in their lives. Once you clarify what your business is then it will be easier to understand who your target client is and how you can help them.
The purpose of writing your book is to establish yourself as a thought leader and an expert in your field. This book will allow you to share your story in an authentic way that aligns with what you do. You’ll be able to transform readers into clients so that you can continue to serve them with excellence.
Overcome the obstacles that stand in your way The next thing that you’ll want to do is overcome your fears. There are so many obstacles that can get in the way of finishing a book. Many people become overwhelmed with the publishing process even before the book is written. Added to that, people struggle with self-worth, procrastination, judgment, shame, and fear. What is holding you back from writing your book?
Once you get over the stories that you tell yourself, it’s time to get on a schedule and get this book written. Ben helps you get on a schedule that has you working on your book for 66 minutes a day 5 days a week for 6 weeks.
Do you think you could do it? Could you actually write a book in 6 weeks? You won’t know unless you try!
Listen in to discover Ben’s story. You won’t want to miss his death-defying stories in India. Then stick around to hear if Ben’s method could help you get started. His process sounds like it could work not only for writing a book but for many other areas of business as well. I know you’ll want to leave a 5-star review after listening to this episode.
Connect with Ben Gioia * InfluenceWithAHeart.com/chat * BookReviews.cc * http://influencewithaheart.com/twitter * http://influencewithaheart.com/linkedIn * http://influencewithaheart.com/instagram * http://influencewithaheart.com/facebook
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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I don’t know about you guys, but I’m still confused about this whole marketing thing. Have you been trying to make content marketing work for your business?
Mark Henderson joins me on this episode of Solopreneur Money to teach us how to take the confusion out of content marketing and make this valuable form of marketing work for our businesses. Mark is the founder of Clixable, a content agency that can help you clarify your message, share your story, and grow your business.
Are you ready to learn how to tell your story in an organic way without solely relying on paid media? Press play now to discover how to up your marketing game.
You will want to hear this episode if you are interested in... * Mark’s journey to content marketing [2:22] * Learning how Clixable was born [8:32] * Pulling your story out to tell it to the world [11:48] * The challenges that Mark has faced starting his business [13:24] * How Clixable helps its clients [17:55] * Tips to improve your organic marketing efforts [25:12] * How often to post on social media [30:35] * The money questions [32:15]
Mark’s journey to creating Clixable After working for more than 20 years in corporations, mid-sized agencies, and startups, Mark Henderson noticed that solopreneurs have a hard time telling their stories to their audience. He saw these small business owners spending thousands of dollars on web advertising campaigns and he knew that there was a better way to improve these companies’ marketing campaigns.
Mark’s passion for helping businesses grow, thrive and make an impact on the world is what drove him to strike out on his own and start Clixable. Mark helps small business owners define who they are and what makes them unique in their space. Once they have defined their place in the world, then Mark helps his clients create strategies and tactics to tell their stories in compelling ways.
How to make content marketing work for any business It is important to understand that content marketing is a long-term brand investment. You should expect a minimum of one year and an average of 3-5 years to see a return on your investment.
The idea of content marketing is to create rich content to help drive traffic to your website. Weekly blog posts can be turned into white papers or you can pull out nuggets of information to use on social media to drive traffic back to your website.
Tips to improve your organic marketing efforts If you are interested in getting the most out of your organic marketing efforts it’s important to be authentic. You shouldn’t look at your posts as a form of advertising; if you do, your audience will see right through you and scroll right past your posts.
Don’t be afraid to be vulnerable. People appreciate that. You don’t have to create the most polished piece of writing or content. Part of creating that authenticity is keeping it real.
Don’t try to sell your product right away. Rather than trying to sell to your audience try to help them instead. By providing potential clients with value you will build their trust so that they will come to you when they are ready to buy. The point of content marketing is to build trust and build your brand by educating and informing your potential clients.
Mark dishes out so much helpful information on content marketing. If this area has been a mystery to you then you won’t want to miss this episode of our marketing series. Make sure to share this episode with a solopreneur friend so that they can learn to organically grow their business too.
Connect with Mark Henderson * Click here to schedule your FREE 15-minute consultation with Mark! * Email Mark at: mark@clixable.com * Clixable.com * @clixable on Instagram * @clixable on Facebook * TheInspiredLegacy.com * @TheInspiredLegacy on Facebook * @TheInspiredLegacy on Instagram
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Small business owners spend so much money on marketing their businesses, but the most powerful way to grow a business is through referrals. John Barron has a powerful plan to help you develop referrals which is why I have invited him back onto the Solopreneur Money podcast.
If you listened to episode 50 you heard John talk about the sales continuum and you learned how to implement an effective process that turns leads into paying clients.
Today John is here to teach you how to grow your business through the referral engine. The referral engine is an ingenious plan that utilizes the way we naturally refer people to businesses.
You know the best clients come from referrals, so make sure to press play to hear how to increase your customer base by creating a referral system.
You will want to hear this episode if you are interested in... * When to ask for a referral [2:32] * 3 reasons someone wouldn’t refer people to you [5:28] * Referral engine success stories [13:39] * The money questions [17:01]
When should you ask for a referral? Business owners often wonder when the best time to ask a customer for a referral is. The answer is never. You might be shaking your head in surprise. Never? Well then, how are you supposed to get new clients?
Just because you shouldn’t directly ask for referrals doesn’t mean you shouldn’t go out of your way to encourage people to recommend your business; it means you should understand the referral relationship.
Why we shouldn’t ask clients for referrals If asking clients for a referral feels weird and uncomfortable that’s because it is weird and uncomfortable! And it’s weird and uncomfortable because of the nature of referrals. You don’t want to put yourself or someone else through the awkwardness of directly asking for a referral.
That doesn’t mean that people don’t enjoy referring their friends and family members to fabulous companies; everyone loves to recommend a fantastic company to a friend. However, it is important to understand that people don’t recommend businesses to their friends to help the business; they do it to help their friends.
To understand how the referral engine works it is important to understand why someone wouldn’t refer potential clients to a business.
3 reasons someone wouldn’t refer potential clients to your business 1. People often don’t recognize an opportunity for you. They don’t know your target market. 2. People don't know how to talk about you; they may not know why you are so great at what you do. They don’t know all the services that you provide. 3. There is a risk that comes with referring someone to a business. The referrer puts their reputation on the line.
How to get these obstacles out of the way The first two obstacles to overcome are educational. You can overcome these by simply educating your network about what you do and who you serve. One way to do that is by writing a letter--not an email, a physical letter. Listen in to hear what you should include in this letter. You’ll be blown away by how simple this plan is. It is easy to implement and effective.
Every person you meet is either a potential client or a potential referral. Learn how to utilize your network to get your referral engine started.
Resources & People Mentioned * Episode 50 - Sales Continuum
Connect with John Barron * Apollo Coaching * John Barron on LinkedIn * Email: apollocc.jpb@gmail.com
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Are you looking to improve your marketing and sales techniques so that you can bring in more clients? To do that, you need to have an effective process that you can follow to bring a person from being a lead to a paying client. If you are looking to improve your sales game, then you’ve got to hear this interview with John Barron.
This episode is actually the first of a 2-part interview with John. In this episode, we’re discussing the sales continuum and next week we’ll learn about the referral engine. By the time you are finished with both episodes, you will understand a process that you can follow to improve your marketing and ultimately turn prospects into paying customers.
You will want to hear this episode if you are interested in... * How John went from being an attorney to becoming a coach [4:22] * Key characteristics of entrepreneurs [8:21] * Creating your own sales continuum [11:20] * How to develop an effective sales process [18:15] * Helping your prospects to be better consumers [28:22] * Sharing your unique offer [32:43]
John Barron went from lawyer to banker to coach John Barron founded Apollo Coaching back in 2010 after trying his hat at various careers. He was able to start his coaching business simply by reaching out to his network of friends and family. Through his network of referrals, he eventually built up a constant flow of business.
John works with groups and individuals by using his effective methodology in a hands-on way to produce the results his clients desire.
Visualize your sales continuum Think about the people that you are looking to connect with in your business. What makes someone change from a prospective client to an actual client? Many people think that leads jump from one stage to the next but there is more of a continuum to this sales process.
A prospect can be defined as someone who is aware and interested in your product or service. A lead is someone who is willing to engage with you and your company. Someone who is committed is ready to purchase what you are selling.
People don’t just jump from prospect to client all of a sudden they follow a sequence based on their interactions with you. To move potential customers through these stages you have to have an effective process in place to help move them along.
Design a pitch-free process The whole point of prospecting is to get someone from your target audience to become aware and interested in your product. Once you do that, then you can move them through your sales process. To get them ready for your process you’ll want to use compelling language that also makes them feel safe.
Listen in to learn 3 must-dos to help you design a pitch-free process so that your potential clients feel safe to engage with you.
If you got value from this interview with John Barron, make sure to come back next week to hear John describe his referral engine.
Before you exit out of your podcast app, go ahead and leave us a 5-star review so that small business owners like yourself can find this solopreneur podcast.
Connect with John Barron * Apollo Coaching * John Barron on LinkedIn * Email: apollocc.jpb@gmail.com
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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One essential piece to marketing your business is content marketing. But do you even know what that is or how to do it? I know I don’t! That’s why I’ve invited an expert to help me learn what this all means.
Rai Hyde Cornell is the founder of Cornell Content Marketing, a digital marketing agency that harnesses the power of psychology, emotional connection, and relationship building to help businesses build long-term relationships with customers.
Rai is the perfect person to explain how content marketing works and she’s even going to share 5 tips to help you improve your content marketing strategy.
If you have any confusion or struggles with content marketing in your business you won’t want to miss this informative episode with Rai Hyde Cornell.
You will want to hear this episode if you are interested in... * Rai’s path to entrepreneurship [2:22] * Where to get ideas for connecting with clients [10:55] * How long it took for Rai to get bigger clients [13:24] * Connecting with clients [19:24] * Creating an SEO checklist [23:16] * Writing with mobile readability in mind [29:38] * Not reinventing the wheel [34:28] * Calls to action [38:22] * The money questions [45:20]
How Rai’s side gig in college ended up becoming her business Rai Hyde Cornell worked her way through college by developing websites and writing content. Those side hustles were able to put her through undergrad and grad school. After finally earning her degrees and getting out into the workforce, she quickly realized that she wasn’t happy doing what she worked so long and hard for.
After burning out as a mental health professional in mental health institutions, Rai realized she needed to switch gears right away. The best way for her to do that was to jump back into the world of writing, but the $25 blog posts that she wrote in college wouldn’t cut it in her life post-graduation. Listen in to learn how she quickly pivoted to attract clientele with deeper pockets.
5 tips for content marketing success Content marketing seems so confusing. There’s so much to remember, you could spend countless hours creating social media posts, blog posts, email sequences, and so much more.
But as a solopreneur, you don’t have countless hours to spend on these things. The time you do have should be well spent and have maximum impact on your bottom line. With these 5 tips, you’ll be able to make sure that you are getting the most out of your time.
- You’re going about content marketing all wrong! You are probably like many solopreneurs when content marketing. Your content ideas are based on what you find interesting, what you like to write about, or what you think is funny. The thing is: you’re not writing for yourself. You are writing for your target audience so you need to write what they want to read. To learn what they want to read you need to do a bit of research to discover what their interests are, what they have questions about, and what they find funny. This is how you connect with your audience.
- SEO doesn't have to be a huge barrier. Create an SEO checklist that you can use for each piece of content that you write. You want to be intentional about the content you create to ensure you are spending your time wisely. If you don’t want to create your own checklist you can use Rai’s checklist instead.
- Write with mobile readability in mind. Most people read everything on their phones nowadays so your paragraphs should be short and sweet. You don’t want them to look like ancient tomes. Keep paragraphs to 3 or 4 lines to make them more readable.
- Don’t reinvent the wheel. Repurpose your content. Repurposing content for multiple forms of media is a great way to save time and reach a wider audience. You can take a podcast and turn it into a blog post, YouTube video, tweet, Facebook post, and so much more.
- Use calls to action. If you are like many of us, you may shy away from salesy language. The good news is: a call to action isn’t salesy, it is simply a way to encourage your audience to take the next step.
Share this episode with a friend! You’ve got to hear Rai expand upon these 5 tips. She explained SEO in a way that even I could understand!
Now it’s my turn to heed her advice. Here’s my call to action--share this episode with a solopreneur friend. And while you’re there, rate it 5 stars so that others can find this fantastic information easily.
Connect with Rai Cornell * Rai Cornell on LinkedIn * Cornell Content Marketing on Instagram * Cornell Content Marketing on Facebook * Cornell Content Marketing Website * Get your FREE content marketing checklist * Check out this FREE Self-Assessment for Freelance Writers * Chiron Community
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Does the thought of creating content for your business give you a headache? Many of us can’t stand the thought of sitting down and producing content even though we know it will help our business grow. That’s why I’ve invited Kris Hughes, a content strategist for solopreneurs, onto the Solopreneur Money show today.
Kris helps small business owners lower their customer acquisition costs, tell their brand story, and win back their content strategy. He’s here to teach us how to tackle content strategy, overcome roadblocks, and gain traction to ensure that all that hard work will pay off in the end. Press play now so that you don’t miss out on another day of content marketing.
You will want to hear this episode if you are interested in... * Kris’s story [3:22] * What caused his transition [6:45] * Biggest lessons learned from building his business [9:40] * Mastering your content strategy in 30 min a day [11:22] * The biggest roadblocks [15:25] * What is Clubhouse [16:33] * What does it take to get traction [20:53] * Finding your voice [25:52] * The money questions [29:01]
Landing that first client is the hardest part of starting a business After years of writing and working for others, 15 months ago Kris Hughes decided to strike out on his own and create a business helping solopreneurs learn from his expertise as a content creator.
Kris believes that the hardest part about starting his company was landing that first client. Kris isn’t a natural salesman, so direct selling and outreach were tricky for him to get used to. He prefers creating organic content and expanding his network naturally which is why he teaches content marketing to other solopreneurs.
What Kris has learned from building his business There is a learning curve that comes with building a business and Kris has discovered a few takeaways after his first year out on his own. The first one is to make sure that to have a foundational client to provide a baseline income and gain traction as the business grows.
Another lesson Kris has learned is how to say no. Solopreneurs have a tendency to say yes to every client that comes along as they build their business, but not every client is a good fit. His advice is: if you recognize that someone may not be your ideal client, then just say no. He thinks it’s important to think about the return on investment of your time. Ask yourself if this client is really worth your time.
Overcoming the obstacles to creating content Kris works with all kinds of clients and what he has seen is that most solopreneurs wear many hats. Solopreneurs are the CEO, CTO, CFO, COO and so much more in their company. Most of the time they feel like there’s just no way they can create effective content on top of everything else that they do.
He has a few solutions to this problem. The first is to delegate. Rather than creating content on your own, you could hire someone else to do it. There are many spaces where you can find freelance writers to help create fantastic content so that you can concentrate on running your business. Contracting a freelance writer can help you publish consistent content and create a voice for your business. Listen in to hear where the best places and worst places to find freelance writers are.
Another way is to dedicate 30 minutes per day to create the content that would best serve your business. Choosing the type of content depends on your business, your niche, and your personality. Once you find out what kind of content you want to create then keep at it. Content creation will not show results overnight. Just like your money, content creation creates compounding returns over time.
Kris provides us with so much information in this episode. You won’t want to miss his tips on how to get started, how you can delegate, and how you can find your company’s voice.
Resources & People Mentioned * Episode 20 - How to Take the Stress Out of Firing a Client * ClubhouseGuide.com * Gumroad
Connect with Kris Hughes * KrisHughes.com * Leap Frog Collective * Kris Hughes on LinkedIn * @Kris_Hughes on Twitter * @KrisHughes on Clubhouse
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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As busy solopreneurs, I know that you don’t have time to read all of the latest books, so I’d like to bring you my takeaways from various books I’ve read. In today’s Book Time with Gabe episode, I’ll recap my favorite key points from Seth Godin’s book, The Practice.
At first glance, it seems like this book is solely meant for creatives, but as I read it I realized that The Practice is also a book for entrepreneurs. In this episode, I not only share my key takeaways from Seth’s book, but I also share how I plan to use them to further my goals. Listen in to hear Seth Godin’s tips on how to improve yourself and your work.
You will want to hear this episode if you are interested in... * Improving your life and business [2:02] * Improving your process [3:45]
We become what we do We are the sum of the things we do each day, so if you want to change your story you have to change your actions. If you want to become a better golfer, you need to go play more golf. If you want to become a writer, you need to write each day. Think of something that you want to change in your life or your business and start to do that thing on a regular basis. The beauty of the human brain is that it will begin to make the change once you start to actually do the work.
Where is your hour? As you are working to change something in your life or business, make sure to put in the time to make the change. Do that thing every day for an hour because when you put in the time you will get better. What is one thing that you have wanted to improve in your life or your business? Try doing that thing every day for one hour. After 6 months you will be better!
Trust the process We all have a process that we have created to run our lives. The process is not the result, rather the process is the continuous practice of doing what you are trying to achieve. So, if you are not getting the results you are looking for, think about your process. Does it need to change? What is your process? I am constantly tweaking my process to improve my life as needed. Iterate as you go to change your process to meet your goals
“The magic is there is no magic. Start where you are and don’t stop” -- Seth Godin If you have enjoyed this episode please let me know by leaving a 5-star review on your favorite podcasting app. This not only lets me know that I’m helping my listeners, but it is also a great way to let others know that I can help them. Feel free to share this podcast with other solopreneurs. Together we can continue to lift each other up and achieve our goals.
Resources & People Mentioned * The Practice by Seth Godin * The Psychology of Money by Morgan Housel
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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If you are like most people, you have spent the year running like crazy without looking back. On this episode of Solopreneur Money, I encourage you to stop and think about where you have been and where you are going. At the time of this recording, it is July, and that means it’s a fantastic time to complete a mid-year review of your life and business. Listen in to discover a system that you can follow to complete a mid-annual review so that you can take stock of where you are and where you are going.
You will want to hear this episode if you are interested in... * Your vision for your life and your business [2:12] * Living the life you set out for yourself [6:20] * Meeting your business goals [7:35] * Checking in with your financial plan [10:52] * Changes you can make to get you closer to your vision [14:53]
6 areas to review to stay on track to meet your goals There are 6 areas of your life that are important to review to ensure that you are on track to meet your goals. Consider each of these areas when completing your mid-year vision review.
Vision - Start with the end in mind. Where do you want things to go from here? Do you have a vision for your life and business? If so, then now is a great time to revisit it. If you haven’t written it down, now is the time to start. I read my vision daily. This helps me stay on track to work toward my goals. I use this vision as a compass to guide me. Listen in to hear what you need to consider when creating your vision.
Life - Are you living the life you set out to at the beginning of the year? Are you taking the vacations you want? Are you working the hours you want? Are you spending enough time with your family? There are so many components to a happy life. Take a moment to consider each aspect. Think about the small changes you could make to optimize your life.
Business - Are you on track to meet your business goals? If not, why? Consider your expenses, profits, staffing, and systems. What do you need to change to meet those goals? What one thing should you focus on over the next 6 months to help you reach your goals? Remember, always begin with the end in mind.
Financial plan - How is your cash flow in your business and personal life? Has anything changed over the past 6 months? Have you made any large purchases? Have you paid off any debts or accrued any new debts? Do you have 6 months of emergency savings set aside? Are you on track to fund your retirement? There are many considerations to ensure that your financial plan is well-rounded. Listen in to hear them all.
Changes - What changes need to be made over the next 6 months? Layout your next steps.
Take action - Time to get started on the second half of the year. Put your plan into action and focus on one thing at a time to ensure that you stay on track to meet your goals.
Are you creating the life you really want? Schedule a time to meet with yourself every 6 months to work on this mid-annual review. When you do, be sure to listen to this episode again so that you don’t miss a thing. I created this solopreneur podcast so that you could master your finances to create the life you want. If you think I have been helping with that, please leave a 5-star review on your favorite podcast app.
Resources & People Mentioned * Episode 40 - Estate Planning for Solopreneurs
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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A few months ago, I had the opportunity to make a guest appearance on the leadership series of my friend Tim Croll’s B2B Made Simple podcast. In that episode, we discussed 10 ways in which numbers can provide clarity to you and your business. You’ve heard Tim Croll on the Solopreneur Money podcast before on episode 28.
Today we’re going to flip this solopreneur podcast around. In this episode, you’ll hear Tim interviewing me. Listen to this episode to learn 10 financial tips to improve your business and you’ll hear Tim ask me about leadership and money.
You will want to hear this episode if you are interested in... * A bit of my backstory [1:22] * 10 financial tips to improve your business [9:38] * Improving your financial outlook if you are struggling in your business [19:44] * Not letting your ego get in the way of success [29:29] * Taking time to think [34:39]
10 financial tips to improve your business 1. Start with vision. Before you even begin looking at your numbers you have to have a vision. You need to have the vision to understand where you are going with your business. Once you have determined your vision, this will help you define where your money is going. 2. Stop commingling your business and personal expenses. You need to have separate accounts for business and personal expenses. 3. Run an annual budget. We all hate to budget, but it is important to understand the flow of your money. Look back over the past 24 months and look for trends. Having a budget in place will give you clarity and focus. 4. Understand your revenues. What were your revenues over the past 2 years? Were there spikes and dips? Once again, look for trends. 5. Pay your quarterly tax estimates. Creating a separate tax account will reduce the stress of paying taxes. 6. Save for retirement. Not only will this help you prepare for the future, but saving for retirement provides you and your employees with tax-saving opportunities. Remember, hope is not a retirement plan. 7. Build an emergency savings fund for your small business. Do you have 6-12 months' worth of savings? This takes us back to step 3; knowing your numbers will help you get started. Having 6-12 months of expenses in an emergency fund will reduce stress. 8. Automate your expenses. If you have your expenses automatically deducted when possible this will reduce the busy work that comes with paying bills. 9. Seek advice. Financial advice from a CPA or financial advisor is invaluable to solopreneurs. They can help you avoid financial pitfalls that you may not see. 10. Revisit your numbers quarterly. Scheduling time to check in with your budget on a quarterly basis will allow you to gain an understanding of where you are and where you need to be.
How to improve your financial outlook if your business is struggling These tips are great for anyone starting out or already succeeding in their business, but how can solopreneurs who are struggling to make ends meet do all of these things on top of running their business?
If you are having trouble staying afloat, there are 4 things that you can do. The most important thing to start with is by saving money. Even if it is only $50 per week or month, any little bit will help. As a business owner, life can throw you into perpetual chaos. Having a bit of savings behind you can ease your worries.
The next thing you’ll want to do is to begin to tackle your debt. Try taking advantage of the historically low-interest rates to refinance debt.
Before you get to the last step you’ll want to know your costs. What does it cost you to do your work? What is your cost per unit?
This may come as a surprise, but the last step is to raise your fees. This is the quickest way to raise your revenues. Study your market to see if you can increase your rates. This is why it is so important to know your numbers. Once you understand your cost per unit or cost per client then you can follow the ⅓ rule. Tune in to find out what that rule is and how it can help you improve your business.
Resources & People Mentioned * Leadership 17: Ten Ways Numbers Bring Clarity to Leaders w/ Gabe Nelson * Aeropress * BOOK - Profit First by Mike Michalowicz * BOOK - Bet On Talent by Dee Ann Turner
Connect with Tim Croll * TimCroll.com
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Welcome back to the financial planning basics series. This is a series that I have created within the Solopreneur Money podcast to help you master the basics of finance so that you can live the life of your dreams.
If you have reached a certain level of financial success, you may have been asked this question: can you cosign a loan for a family or friend? Would you know what to do if this question comes up? Press play if you are interested in hearing my client’s story and learning what questions to ask if someone you care about asks for your financial help.
You will want to hear this episode if you are interested in... * Statistics on small business success [3:02] * Alternatives to cosigning to help a friend get started [5:23] * Questions to ask [7:36]
Should you cosign on a friend’s business loan? You know how hard it is to start a successful business because you’ve already put in the work and done it. Now that you have achieved a level of success, those around you want some of what you have. Many of us have been approached by friends and family asking for help to start their own business.
Even though you know how hard you have to work to make your business a success, it may help you to consider some statistics before you help someone else get started. 20% of new businesses don’t make it past the first year. 30% don’t make it past the second and 50% won’t make it 5 years down the road. 70% of all small businesses don’t last for more than 10 years. The numbers don’t lie. Cosigning on a business loan is a bad idea.
What are some alternatives that you can use to help? If you have realized that cosigning on a friend’s business loan is a bad idea but you still want to help, there are ways to help them get started on their business without putting your name on the line. You could loan them the money outright by using cash that you have on hand. You can lend them money by using the home equity that you have. Or you could help them come up with other ways to get the money they need. I still don’t recommend any of these alternatives, but they are slightly better than cosigning on a business loan.
Questions to ask If you are still considering cosigning for their business loan, you need to go into it with your eyes wide open. You can do this by asking plenty of questions. How much will you be on the line for? What would happen if you get stuck with the loan? Do you really want this business if you end up getting stuck with it? Would you want collateral from this person? Before you sign any papers, make sure that you consult with an attorney.
Schedule an introductory meeting If you need help answering any of these questions go to my website and hit start here to schedule an introductory call. I want to make sure that you are on track to achieve your goals. It is my job to ensure that my clients are prepared for the unexpected and to help them reduce unnecessary risk. I help my clients achieve their financial goals so that they can live the life they deserve.
While you are visiting my website, click on the resources tab to subscribe to my newsletter. When you do so, you’ll receive access to worksheets and templates created by my team to help you master your finances and better your life.
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Have you been pondering the age-old question: should I pay off my mortgage or invest the money? A long-term client of mine recently broached this topic with me and today I want to share the process we used to help him make his decision. Listen to this client story to learn what you should consider when choosing between investing your money or paying off debt.
You will want to hear this episode if you are interested in... * Paying off your house or investing? [2:22] * The financial ramifications of paying off the house [5:03]
My client’s story My client is 57 years old and part-owner of a successful business. He has been my client for several years. Not too long ago he emailed me and asked whether he should spend the next 5 years paying off his house or whether he should invest that money instead. This is a common question, but unfortunately, there is no right answer.
Recently, he refinanced his home and now owes $140,000 on his house at a 2.5% interest rate. With interest rates at all-time lows, there isn’t as much of an incentive to pay off the house as there once was.
Consider your goals Most people only consider the financial aspects of their decisions. The numbers are pretty clear; a person will most likely earn more money investing their assets than they would by paying off their low-interest loan.
However, it is important to look beyond the numbers. The best way to tackle the question at hand is to consider your goals. Your overall goals are more important than this question, or any one question, and your answer lies in what your financial objectives are.
Consider the difference in outcomes between paying off your house and investing. Paying off the house will help you achieve a newfound freedom. On the other hand, investing will help you build wealth. Which outcome aligns more with your ultimate goals?
My client’s decision After careful consideration, my client realized that he was more interested in the freedom that owning his home free and clear would bring. He knew that within the next 5 years that he would sell off his share of the company and begin a path to semi-retirement. Paying off his house made the most sense to him based on those goals.
Check out my website for extra resources Do you need help making this decision? If so, feel free to reach out. You can do that by clicking the Start Here button at GabeNelsonFinancial.com. This will begin the process of evaluating whether we would be a good fit for each other.
While you are over at my website make sure to click on the Resources tab. That’s where you can subscribe to the newsletter so that you can gain access to worksheets and templates that will help you manage your finances so that you can better your life and achieve financial freedom.
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Has anyone ever explained life insurance in a way that you can actually understand? I began my career in financial services as an agent for a large insurance company. After 20 years of working in the industry, I finally figured out a way to explain the incredibly complicated world of insurance in an easy-to-understand way. When you press play you’ll learn about the different types of life insurance through simple generalizations and real-world examples.
You will want to hear this episode if you are interested in... * Hearing how a murder defense taught me how to explain life insurance [3:02] * Discovering how whole life insurance is like buying a home [6:25] * Learning a formula to figure out how much life insurance you need [8:10]
There are 3 basic types of life insurance on the market Term basically means temporary. I liken term life insurance to renting an apartment. Term life insurance is sold in increments. You could purchase this type of insurance in 5,10, 20, or 30-year terms. What this means is that over the course of the term your rate will stay the same. It is similar to when you sign a lease on an apartment. Once your ‘lease’--or term--is up you will no longer have insurance unless you renew it (at a different rate). If you die during that time period your beneficiaries will receive the benefit as long as you have paid your ‘rent’--your premium.
Universal life insurance gives you flexibility. The reason it is flexible is that you have the ability to decide how much you want to pay to have the insurance. It’s like a term life insurance policy, but with a money bag attached to it. You decide how much goes to the insurance and the rest goes into the money bag. That bag of money is then invested by the insurance company--or you--depending on the type of product you choose. Listen in to hear how universal life insurance is like driving a stick shift car.
Whole life insurance is guaranteed for your whole life. The premiums are higher with whole life insurance since it is guaranteed for the entirety of your life. This is why I liken whole life insurance to buying a home. Buying a home is more expensive than renting, however, once you pay off your home you can stay there for the rest of your life. You pay more for whole life insurance, but you build equity in the policy that can be used at some date in the future.
Which type of life insurance is best? So which one is the best one? The one that pays! It doesn’t matter which kind of life insurance you buy. The point is, if you buy it and die, the insurance pays out the proceeds to your beneficiaries. Nobody asks which kind of life insurance you have when it is time to pay out--all that matters is that the check comes when it is needed.
How much life insurance is enough? If you are wondering how much life insurance you need you should estimate about 5-10 times the amount of your yearly income. If you would like a more accurate formula to use, reach out to me to discuss it. You can do this by going to GabeNeslon.com and pressing the start here button. While you’re there click on the resources tab to subscribe to the newsletter to get access to the worksheets and templates to help you run your business better, manage your finances better, and improve your life.
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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So, you sold your business, now what are you going to do? Have you thought about what you would do with the proceeds from the sale? If you have considered selling your business you won’t want to miss this episode. I’ll walk you through the steps I took with my clients, Lloyd and Elaine, as they sold their business. I helped them make sure that they were using the money to further their financial goals. Learn how to maximize the funds to ensure that you stay on track to achieve your financial goals so that you can live the life you want.
You will want to hear this episode if you are interested in... * Lloyd and Elaine’s story [2:22] * Learning how to keep updating your goals [5:14] * Creating a plan for the proceeds of your business [9:00]
Lloyd and Elaine came to me with a goal Lloyd and Elaine hired me about ten years ago to help them create a plan to achieve financial freedom so that they could live the life of their dreams. Initially, they came to me with more debt than assets. They were sick of working too much and having nothing to show for it. So I helped them create a plan to pay off their debt, create an emergency fund, and build up their assets.
What came next after achieving their objectives? Every year I met with Lloyd and Elaine to revisit their plan and make sure they were on track. It took them 4 years to achieve their goals and once they did they wondered what they should do next. After ensuring that they were financially secure, they turned their focus to preparing for retirement. We planned this by creating a simple IRA and a Roth IRA for both of them. Then we set up a process so that they could set a pace to retire when they wanted.
They sold their business, now what? When Lloyd called me this year to tell me he sold his business I was thrilled for them. He wanted to know what he should do next. We discussed the sale structure so that we could best figure out how to reduce their taxes and ensure the proceeds would further their goals. Listen in to learn how Lloyd and Elaine were able to keep their S-Corp open for the year to utilize tax savings strategies and max out their IRAs. You’ll also learn what you could do with the rest of the proceeds from the sale of your own business.
Keep in touch! Did you enjoy this story? Let me know! Send me a message through your favorite social media platform or send me an email. If you would like to keep up with the latest Solopreneur Money happenings head on over to GabeNelsonFinancial.com and subscribe to the newsletter. This will ensure that you have access to all the worksheets and templates that we provide to help you master your finances to live the life you want.
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Nobody likes to think about their own mortality, but it is important to be prepared for anything. As a solopreneur, you are the captain of your own ship, so it is even more important that your heirs are cared for in any situation.
On this episode of Solopreneur Money, you’ll learn exactly what you should be thinking about as you draw up an estate plan. Make sure to listen until the end so that you can find out how to get a FREE worksheet to help you organize your wishes to ensure that you don’t leave anything out.
You will want to hear this episode if you are interested in... * The 5 topics you need to cover in your will [2:52] * Learning how I planned my estate [6:38]
Do you have an estate plan? Do you have a plan for your kids and your belongings in the event of your death? Do you know who will make decisions for you if you become incapacitated? Do you have a last will and testament in place? I ask these questions of all of my new clients. However, most people aren’t prepared for an unforeseen event that could incapacitate them or cause their death. Why? Because most people don’t like to think about their own mortality.
5 considerations when you draw up your will You know you need to have a will in place, but do you know all the pieces you should consider when drawing one up? You can create your own last will and testament by using an online template, but I think it is worth the $500-$1000 you will spend to have an attorney get it done right. Consider each of these 5 areas so that when you draw up your will it will go quickly and smoothly.
Kids - It is important to discuss this with your spouse. You will want to decide together who will raise your kids if you both pass. Make sure to consider if the person you choose is up for the task. You'll also want to think about whether the kids would have to move to a different city and if you would need to provide additional funds to help with the transition.
Money - You may want to draw up a trust for your heirs. There are 2 types of trusts. An inter vivos trust is a living trust and can be established during your lifetime. A testamentary trust is a trust that will be established upon the event of your death.
Power of attorney - Who will handle your affairs if you become incapacitated. It is important to remember that there are 2 types of power of attorney. An attorney in fact is created for the present and will go into effect as soon as the document is signed. A springing durable power of attorney goes into effect only in the event that you are deemed incapacitated by a doctor.
Healthcare power of attorney - I call these the pull the plug orders. You should also consider whether you would like to be an organ donor. Discuss your wishes with your spouse and get them down on paper.
Beneficiaries - Check the primary and secondary beneficiaries on your accounts periodically. Are they up to date? Make sure your current wishes are stated on all of your retirement accounts.
Download this FREE worksheet to get started Listen in to hear how Melissa and I have planned out our own situation for our family. Thinking about this now will reduce the stress during an untimely event. To get you started I have created a worksheet that will help you get the ball rolling. You can download this worksheet at https://www.gabenelsonfinancial.com/resources/. While you are there at the resources page of my website, make sure to subscribe to the newsletter to get all the latest worksheets and templates that we create. These will help you get a handle on your financial situation so that you can create the life you want.
Resources & People Mentioned * Download the FREE estate planning worksheet here: https://www.gabenelsonfinancial.com/resources/
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Does your life insurance fit your needs? Do you need to renew it soon? No one really enjoys thinking about or even purchasing life insurance. However, if you want to ensure that your family is cared for in any eventuality you’ll have to deal with life insurance every now and then.
I have a story to share with you about a client of mine who was in for a shock when the time came to renew his life insurance policy. See what you can learn from his story; listen in to hear it and discover my 3 takeaways.
You will want to hear this episode if you are interested in... * Renewing a life insurance policy [2:32] * The definition of term life insurance [4:21] * Hearing which type of policy is the easiest to get [7:12] * 3 takeaways from this story [8:20]
What is term life insurance? You probably have an idea of what term life insurance is, but it may have been a while since you have heard a proper definition. Term life insurance is temporary life insurance. It’s like renting an apartment. When you rent an apartment you sign a lease for a specified amount of time. That means that you’ll have a guaranteed place to sleep for that time period as long as you pay your rent.
With term life insurance you decide on the time period or term. You could choose it to be for 10, 20, or 30 years. When you decide on the term you lock in the monthly payment price for that specified amount of time. As long as you pay the premium, you’ll have life insurance coverage.
What happens at the end of your term? At the end of your term, you’ll have to renew to continue coverage, but the terms may be quite a bit different as my client learned. This client had had a $4 million policy for a 10-year term. However, when he received notice that the policy was going to expire, he was in for quite a shock. His monthly rate was going to skyrocket from $140 to $830 a month. You see, the pricing for a 30-year-old is much different than that of a 40-year-old. Learn what you can do to help alleviate a bit of the sticker shock when renewing term life insurance.
3 takeaways I learned 3 things from my client’s story that I would like to share with you.
- Pay attention to the renewal period. Don’t let it sneak up on you since the terms may look quite a bit different at 45 than they did at 25.
- Stay healthy. If you can prove you are in good health it will help ease the cost of the renewal.
- Make sure you can access different options. If you are working with a financial advisor, make sure that they can find you as many choices as you want.
Stay in touch to ensure you reach your financial goals I hope that you have been enjoying all of the tips, tricks, and stories in this Financial Planning Basics series. My goal is to empower you with knowledge so that you can attain the financial freedom to live the life you truly want. Please feel free to subscribe to my newsletter so that you can get FREE worksheets to help you better manage your finances and run your business.
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Welcome back to the latest episode in the Financial Planning Basics series. In this series, you’ll find tips, tricks, and stories to help you master your finances so that you can live the life you want.
In this episode, you’ll learn about disability income insurance for solopreneurs. Did you even know that this valuable insurance was available to you as a solopreneur? Today you’ll hear a story to help you understand the importance of this essential insurance product. Listen in to learn why preparing for the worst can help you in your time of greatest need.
You will want to hear this episode if you are interested in... * A story about Elaine and Lloyd [2:12] * Things to consider when getting disability income insurance [5:16]
The story of Elaine and Lloyd I had some clients recently who discovered terrible news. Elaine was diagnosed with advanced cancer, so her husband Lloyd reached out to me to see where they stood financially. After several weeks of talking to doctors and taking tests, Elaine learned that the way to save her life was by having a life-altering surgery that would leave her disabled and unable to perform her job. Listen in to hear how their story ends.
Disability income insurance is important to have Disability income insurance may be the one insurance product that you think is unnecessary but I urge you to err on the side of caution and not forgo it. Just like all insurance, you won’t appreciate it until you really need it. Have you accounted for the threat of a disabling event with your business and family? What will you do if the worst happens?
What a solopreneur needs to consider to get disability income insurance Most people get their disability income insurance through their employer, but as a solopreneur, you’ll need to contract it yourself. There are differences between signing up for employer-sponsored disability insurance and enlisting your own as an independent contractor. You’ll need to provide a few years of tax returns to the insurance company so that they know your income. The most important piece of information is that you’ll need a definition of disability for your occupation. The definition of disability details the material substantial duties of your occupation that you would be unable to perform if you were disabled.
There’s no doubt that becoming disabled would be a tragic thing to happen to anyone, but make sure to listen in to hear how you could make the best of the situation and use disability insurance to your advantage.
The right financial advisor can help you If you haven’t obtained disability income insurance, discuss it with your financial advisor to see how they can help. If you don’t already have a financial advisor you can head over to my website to schedule a consultation to see if we would be compatible. Preparing for the worst can be overwhelming but with a trusted advisor guiding you through you’ll gain peace of mind knowing that you are prepared for any eventuality.
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Unfortunately, 50% of all marriages end in divorce. In addition to breaking up a marriage, a divorce can unravel a financial plan. What happens to your financial plan if you lose 50% of your assets? Where will the money come from when you reach a settlement? Have you ever wondered how the financial side of divorce works?
This may not be the most cheerful episode, but it is important to understand the basics of the financial side of divorce so that if it ever affects you or a loved one you can be prepared. Click the play button to learn how to handle the financial side of divorce.
You will want to hear this episode if you are interested in... * A client divorce story [3:22] * Learning how to move money from one spouse to another in a divorce [7:04] * How will a divorce affect the financial plan? [8:45]
What happens in a divorce? I recently had a client come to me who was caught off guard by an unexpected impending divorce. Not only was he dealing with the emotional side of this momentous life change, but he was also trying to deal with the financial ramifications of the divorce. He had no idea what to expect and asked me how this would affect his finances.
First, I explained the divorce process. Once both parties come to an agreement the lawyers draw up the agreement and take it to the judge to begin the settlement process. The judge then signs a divorce decree. This divorce decree clearly identifies all parties involved and dictates the division of property and any provisions for spousal support. The divorce decree becomes the law that all parties must follow.
How does the financial side of divorce work? My client wanted to know how his retirement savings would be affected. He had to split the retirement savings with his spouse. Did that mean that he would be taxed on these withdrawals?
Fortunately, you do not get taxed on these withdrawals if you use a qualified domestic relations order (QDRO). A QDRO is one of the best ways to move retirement assets from one spouse to another. This allows you to move the assets from your 401K to an IRA in your spouse’s name tax-free without taking a penalty. The QDRO also prevents you from having to dip into your cash assets to make the settlement.
How will divorce affect your financial plan? Once the dust has settled, it is important to sit down and review your financial plan. Your assets have likely been cut in half, so now you will need to come up with a new financial projection. You’ll also need to review your will, beneficiaries, and any trusts.
Divorce is a challenging time, but you don’t want it to completely derail your hard work. If you prepare yourself for what lies ahead you can get back on your feet quickly and keep working toward your goals.
Before you go make sure to head on over to GabeNelsonFinancial.com and subscribe to our newsletter. When you do so, you’ll be the first to get our free worksheets and planning guides as soon as they come out.
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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You probably have investments but do you really know what they are? How well versed are you in the basics of investing? As a solopreneur, you must rely on yourself to create a paycheck, and you should also understand the basics of investing to ensure that your money is working to help you achieve your goals.
On this episode of Solopreneur Money, you’ll learn about stocks, bonds, and mutual funds by way of cookie jars, high school students, and auto purchases. These analogies may sound a bit strange, but after listening to this solopreneur podcast you’ll have a better understanding of what these investment vehicles are.
You will want to hear this episode if you are interested in... * Learning exactly what you are investing in [2:42] * How high school students are like mutual funds [4:24] * Discovering how bonds are like financing a car [7:40]
How a mutual fund is like a cookie jar Did you ever have a cookie jar in your kitchen when you were a kid? When I was growing up our cookie jar had all kinds of different cookies. You never knew what you were going to get.
When you own a mutual fund you own pieces of different companies--different stocks. So I like to compare mutual funds to cookie jars. Like my childhood cookie jar, a mutual fund contains many types of goodies inside. Do you know what’s in your cookie jar?
How stocks are like high school students Stocks are classified in several ways. It can be confusing to understand the various ways that stocks are classified but comparing them with high school students can help. Just like high schools have freshmen, sophomores, juniors, and seniors, stocks are also separated into different categories.
Small-cap stocks can be compared to freshmen. They aren’t established yet and can be volatile. Their success or failure is yet to be determined.
Mid-cap stocks are like sophomores--they are no longer as volatile as freshmen. Mid-caps are a bit more mature and less risky than small-cap stocks.
Large-cap stocks are similar to juniors in high school. They are on the path to seniority.
Just like seniors, mega-cap stocks are well established and looking ahead toward the future.
Did your high school have foreign exchange students? Those foreign exchange students can represent international stocks.
Bonds are like car loans Now that you know what stocks are let's move on to bonds. Bonds are debt issued by a company and are essentially a loan that you are giving that corporation.
The last time you bought a car you probably financed it. If you have good credit you got a low-interest rate but if your credit isn’t the best then, chances are, you had to settle for a high-interest rate. The same is true for bonds.
Bonds with low-interest rates have good credit and they can pay back their loan over a short period of time. If the company has poor credit the bonds they issue are called junk bonds and these have a high-interest rate.
Learn to master your finances It's time to take stock of what's in your cookie jar. Take a look at your investments to see where you stand. Do you have same-aged students or same-aged loans? It is important to have a varied portfolio. You'll learn more about diversification in future episodes, so be sure to subscribe so that you can have the latest Solopreneur Money in your inbox.
If you need help mastering your finances shoot me an email so that we can get started creating freedom so that you can build the life you want.
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Ever since the election, many people have been wondering how the Biden presidency would affect the market. In this introduction to financial planning basics, I peel back the curtain so that you can see how the Biden presidency could affect the markets. Of course, I don’t offer any advice; I simply want you to have a greater understanding of how different industries may be affected by the change in government. Press play to learn what you should be doing with your portfolio now that the Democrats are in control of the country.
You will want to hear this episode if you are interested in... * How the presidency affects the market [3:22] * The roaring twenties [7:15] * How the vaccine will affect the economy [10:20]
Does the market care who the president is? The stock market is a force of its own. It isn’t controlled by the president or Congress, so it really doesn’t matter who is in charge of the country. The market moves by its own set of rules.
This may be as much as a surprise to you as it was for me, but the statistics have shown that the stock market has performed better when the Democrats have been in the White House.
Historically, the market is optimistic regardless of who is running the country. 70% of the time the stock market rises. There are bouts of volatility the other 30% of the time, but typically the market forges ahead. Have you been worried about the market’s reaction to the Biden presidency?
How is the market changing with the democrats in control? With Biden and the Democrats in charge of the country, there are signs that there will be little regulation of the technology industry. Infrastructure will increase and trade will kick back up. Green energy should see a boom while the fossil fuel industry will start slowing down.
Additionally, the money from the stimulus packages of the past year has led to an increase in discretionary spending and since people have been stuck at home for a year they are ready to travel. What market changes do you expect from the change in leadership? Do you plan to change anything in your portfolio?
Should you make any changes to your portfolio? Many people question whether they should be making changes to their portfolios based on the results of the election. The short answer is, no! As long as you maintain a diversified portfolio that you rebalance periodically you shouldn’t make any changes to your investment strategy based on which party is in office. It is important to remember to rebalance regularly to keep your asset allocations in line with your investment strategy.
When is the last time you rebalanced your portfolio? Do you have a system in place that helps you remember to do so?
Sometimes two heads are better than one Do you feel like you need an extra set of eyes to assess your portfolio? Would you like me to check your financial plan? If so, head on over to my website and click on the Start Here button to schedule an initial 15-minute conversation to see if I would be a good fit to help you out. You may be interested in a one-time consultation or a long-term arrangement. Either way, I would be happy to help you reach your financial goals.
Resources & People Mentioned * BOOK - A Promised Land by Barack Obama
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Is there a bottleneck in your company? Is that bottleneck you? Jaime Jay from Bottleneck Distant Assistants joins me on this bonus episode of the Building Your Band series to discuss how you can clear that bottleneck and get your business flowing the way it should. Listen in to this solopreneur podcast to hear how you can optimize your systems so that anyone can take the reins.
You will want to hear this episode if you are interested in... * How did Bottleneck Distant Assistant come about? [3:32] * What challenges did he face? [7:40] * How did he have the foresight to document his own systems? [11:55] * How can people utilize Bottleneck Distant Assistants? [14:39] * How does the time difference come into play? [25:41] * What about privacy concerns?[30:24] * The money questions [35:06] * About Jaime’s book [39:52]
What is Bottleneck Distant Assistants? Bottleneck Distant Assistants is a team of remote-based professionals based in the Philippines. Jaime Jay has been working with distant assistants in the Philippines since 2006. When he discovered how well his own team of Filipino assistants worked with him he knew that other business owners could benefit from their services.
Bottleneck Distant Assistants help business owners stop doing the wrong thing so they can focus on doing their best work. They do this by delegating those tasks that they don’t love. Bottleneck Distant Assistants can find someone that thrives on doing those things that you avoid doing.
Do something like it is the last time you are ever going to do it Even before Jaime is ready to hire someone to complete a task he documents everything he does along the way step by step. Jaime not only takes a video of himself doing the task, but he enhances it with screenshots and written instructions. This has helped him to realize the tasks he enjoys and doesn’t enjoy. His motto is--Do something like it is the last time you are ever going to do it. Listen in to hear an amazing tip he shares to ensure that your team truly understands the task they’ve been given.
How can people utilize Bottleneck Distant Assistants? Bottleneck Distant Assistants go above and beyond what a traditional virtual assistant does. Since they are not transactional-based the way that many VAs are, the distant assistants acquire an in-depth knowledge of your business. Another thing that sets Bottleneck Distant Assistants apart from VAs is that they provide their clients a specially crafted workflow guide that is broken down step by step. Listen in to hear how that can benefit your solopreneur business.
Jaime has been doing this for such a long time that he has so much to teach us. You won’t want to miss this bonus interview--the last one in the Building Your Band series.
Resources & People Mentioned * BOOK - Profit First by Mike Michalowicz
Connect with Jaime Jay * Bottleneck.Online * Email: info@bottleneck.online * Bottleneck Distant Assistants on Instagram * Bottleneck Distant Assistants on Twitter * Bottleneck Distant Assistants on Facebook * Bottleneck Distant Assistants on LinkedIn * Bottleneck Distant Assistants on YouTube * Jaime Jay on LinkedIn
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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So you want your spouse to join your solopreneur business? That could be awesome! Or it could totally suck. Before jumping into this life-altering arrangement, I have 7 things for you to keep in mind. You don’t want this grand idea to end up causing family problems. Listen to this episode of Solopreneur Money to learn 4 questions you need to ask before you even consider having your significant other join your business.
You will want to hear this episode if you are interested in... * Asking your significant other to join your business [1:22] * Learning the 4 vital questions to ask your partner [4:13] * Running the numbers [6:15]
Don’t jump ahead of yourself My wife worked with me early on in my business and it was awesome. So last year I thought it would be a fantastic idea to have her come back to work with me. We work really well together, so I was excited to have her join me again. But before having her quit her job and jump on board I knew I needed to consider a few things. There are 7 steps you should follow if you are considering asking your partner to join your business, so start with step 1. Press play now to hear all 7 steps.
First, ask these questions Before you rush out to buy a new desk for your significant other, start with this first step. This step involves asking yourself and your spouse these 4 questions.
- Can you two work together?
- Do you want to work together?
- What activities will they do?
- Do they want to do that type of work?
If you don’t receive a yes to 3 of these questions (notice that one was not a yes or no question) then you should not proceed. If you want to keep a happy relationship and a successful business, do yourself a favor and carefully consider this step and the following ones.
If they said yes move on to the next steps If you made it past the first step you can now move onto the next ones.
Step 2 - Write out each task you would have your spouse do. Make sure to take extra time and care to detail every task step by step so that they have a complete understanding of the job.
Step 3 - Show them the list you made and get confirmation that they really want to do this stuff. If not then hire someone else.
Step 4 - Run the numbers. Can you replace your significant other’s income and benefits with no stress? If no, then find somebody else. Will your health insurance be affected? How much will it cost? Does your spouse have other benefits that would be affected? Consider how this would affect your tax situation. Do you need to adjust your office space? Will you need any extra equipment? What will it all cost?
Step 5 - Add up all the costs from step 4 and consider whether you can realistically afford to have your spouse come work with you. If you can’t then hire someone else.
Step 6 - Do a test run. Have them help you on an evening or weekend. If they like it, great! If not, then stop here and find someone else.
Step 7. Make a plan to implement all of the issues in step 4 and then welcome your new team member aboard.
Check out this FREE guide! If you are considering having your spouse join your business check out the resources tab on my website. You’ll find a FREE worksheet to help you walk through the steps and carefully consider this choice. Remember, it’s not just your business on the line, it’s your relationship as well!
Resources & People Mentioned * Don’t miss this FREE guide!
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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If you plan on hiring a rock star to join your band, you’ll need to know how to delegate effectively. To learn more about how to delegate I have invited Gina Cotner from Athena Executive Services. You have heard of this company before if you have listened to the show because my own executive assistant, Christina, is contracted through Athena.
Gina is a master delegator since she has trained so many executive assistants, and not only that, she has recently begun to delegate tasks within her own company so that she doesn’t have to work as much. Are you ready to learn how to delegate effectively? Press play to hear this interview.
You will want to hear this episode if you are interested in... * How Gina got where she is today [4:02] * The problems she faced [9:32] * How the executive assistant found herself without an EA [15:20] * How to create an expectation of excellence [21:20] * How to strike a balance between demanding and appreciative [30:30] * The money questions [32:15] * My 3 takeaways [41:02]
What does Athena Executive Services do? Gina Cotner is the founder and CEO of Athena Executive Services, which is a firm that pairs virtual executive assistants with successful entrepreneurs and executives who feel swamped. Her team of high-caliber executive assistants takes many administrative tasks and projects off the plate of business owners, leaving them free to spend their time where they are needed most.
Athena Executive Services focuses on high-caliber EA performance for their clients. They constantly coach and develop their team in what it takes to have strong, powerful partnerships with executives.
Invest in the time to do the proper training If you are hiring a rock star to join your band you don’t want to skimp on the training. You already know the tasks you want to delegate. It may take days, weeks, or months to train your assistant in a task, but if you want to relieve yourself of the duty then spend this training time wisely.
At the beginning of the training process, you will need to spell it all out and really define what you are looking for. Go slow in the training and don’t be afraid to micromanage at first. Know that this training process is an investment. Constant coaching and correcting is the key to excellence.
The buck stops with you As a solopreneur, when you delegate a task to someone else you are delegating part of your company, so the task needs to be done the same way you would do it. If you want a job to turn out the way you would do it you have to continually inspect the work. You get what you inspect not what you expect. You need to check in periodically to see if the job turned out the way you intended.
Listen to this fantastic interview with Gina Cortner to hear more tips on effective delegation--be sure to stick around until the end to hear the money questions!
Resources & People Mentioned * BOOK - Extreme Ownership by Jocko Willink
Connect with Gina Cotner * Athena Executive Services * Athena on LinkedIn * Athena on Facebook * Athena on Instagram
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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How I Built My Band - Meet Christina Miser, Ep # 31
Christina Miser recently joined my band and has quickly grown into the role of band manager. She helps this band make beautiful music. Would you like to have a manager help direct your band? Learn what she does to lead and coordinate the inner workings of my band by listening to this episode of Solopreneur Money.
You will want to hear this episode if you are interested in... * Hearing Christina’s story [3:12] * What you should be thinking about when hiring a rock star to manage your band [8:05] * The tasks that a band manager (aka executive assistant) can do [13:30] * Creating a partnership with an executive assistant [17:02]
How did Christina get here? After obtaining her bachelor’s degree in International Affairs, Christina went to work for a luxury hotel in Boston as an executive assistant and event planner. She had an amazing experience there and learned so much from her boss and the company culture. However, after 5 years in this role, she knew it was time for a change of scenery. She continued working in the hotel and event planning industry in Austin. After getting laid off during Covid, she grabbed the bull by the horns and began working for herself. Learn why she wanted to branch out on her own from her own voice by pressing play
What does she do for me? Christina wears many hats in her role with my business. She handles administrative tasks like handling emails, planning logistics, and keeping up with my calendar. She also does some client work and has recently found pleasure in creating a marketing strategy. Christina excels at creating workflows to achieve consistency. She really is the manager of this band.
What should you look for in a band manager (aka executive assistant)? When you know that you can’t do it alone anymore, it’s time to look for an executive assistant. You’ll want to find someone who will help hold you accountable. It is important to trust them and have confidence in the work they do. They should be able to see your big picture. That way when you get stuck they can help guide you in the right direction. They’ll help you see the road ahead.
Start building your own band of rock stars Are you ready to get started building your band? Don’t wait any longer! Last week I was able to work only 1 hour in my business thanks to the coordination of my bandmates. If you haven’t listened to all the episodes in this series start here so that you know exactly what to do to get started.
Check out my website to grab your FREE resources. These worksheets can help you learn how to build your band and reach your financial goals. If you are interested in a consultation you can send me an email or contact me through my website. All links are shared below.
Resources & People Mentioned * Athena Executive Services
Connect with Christina * Check Box Consulting * Check Box Consulting on Facebook * Christina on LinkedIn
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Welcome back to the 7th installment of the Virtual Team Series where we’re building your band of rock stars. If this is your first time listening to Solopreneur Money you are welcome to head back to episode 24 to learn how to get started building your band or if you are just looking for communication tips you can stay right here.
Now that you have gotten started building your team it’s important to learn how to communicate effectively to make sure that everyone is on the same page. That’s why I’ve asked communication expert Doug Campbell to join me. He’ll teach us 7 tips that we can use to communicate effectively. Press play to hear those tips.
You will want to hear this episode if you are interested in... * What brought Doug to where he is today [2:32] * Learning how to talk to strangers [8:03] * How Doug adjusted to becoming a solopreneur [16:55] * 7 tips for better communication [21:32] * A bonus tip [41:43] * The money questions [46:08]
How did Doug Campbell become an expert communicator? Growing up Doug Campbell was an extreme introvert. He didn’t realize that was a problem until he got to college. He realized then that if he wanted to succeed in any career he would have to improve his communication skills. That’s when he signed up for a public speaking class to improve. Even though it made him weak in the knees, he knew he was doing the right thing.
Through his drive to improve his weaknesses, he ended up turning those weaknesses into strengths and now he has developed a passion for teaching others how to make these life-changing improvements.
7 tips to improve your communication skills 1. Overcommunicate - You don’t have to be the best communicator, but to ensure clarity it’s best to be specific about your needs. Clarity matters! 2. Treat everyone you meet like you are already friends. When meeting someone new many people have a skeptical mindset. They are sizing the person up as they meet them. Instead of taking that attitude, create a positive mindset. Deliberately decide to like them until they give you a reason to think otherwise. 3. Be obsessively dependable. Don’t take your word lightly. If you say you are going to do something, make sure that you get it done. 4. Don’t forget about in-person networking. You never know how a person can completely change your world, so make sure that you get out there and meet people to expand your network. 5. Make sure to get enough sleep. Sleep is crucial to improving behavior, focus, and mood. If you’ve ever had a teenager you know firsthand how lack of sleep affects the way you act. 6. Not every interaction is pass/fail. Break the mindset of worrying whether people like you or not. No one is liked by all. Just be yourself and be a good person. 7. Make sure to always think of the big picture. Don’t just think one day at a time. Always consider your overall goal and how your communication is helping you to achieve that goal.
Don’t miss out on this interview to hear Doug’s fantastic communication advice. Be sure to listen until the end to get the bonus tip.
Visit my website for FREE resources to help you reach your financial goals. You can also email me for more information or schedule a consultation by visiting my website. All links are shared below.
Resources & People Mentioned * Athena Executive Services * Episode 24
Connect with Doug Campbell * Twitter: @DougCampbellSC * LinkedIn: @DougCampbell * Facebook page: Doug Campbell Communication Coaching * Website: MrDougCampbell.com
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Over the course of the Building Your Band series, you have learned how to identify when you need a band of rock stars, how to find your rock stars, how to communicate with them, and more. Now is the time to hear from my personal experience. I am excited to share with you my own band of rock stars.
On this episode, you’ll hear an interview with my very first rock star, Vicky Sawyer. Listen in to learn what Vicky does to help my band rock and how you can use a virtual assistant to rock your business.
You will want to hear this episode if you are interested in... * Hearing Vicky’s story [3:22] * What Vicky does for my business [7:30] * What works well for our team [9:42] * What should people look for when bringing on a VA [12:29] * Tips for working with your own VA [14:21]
How I found my first rock star Vicky works for a firm called Total Office Incorporated. This company helps match financial advisors with the right virtual assistant to meet their needs. Total Office was referred to me by an advisor friend. Vicky started working with me slowly by helping me with emails and light office work and then she quickly eased right into my business. Once I realized all she could do our relationship really took off. Now she can set up custodians and develop workflows and processes.
Vicky’s expertise can help me in many ways In addition to managing my office, Vicky manages several other financial advising offices. During her time in this niche she has noticed that although we all use the same systems, each advisor is different in how they utilize those systems. Since she has seen so many different ways to use these systems she can also advise her clients on how to most effectively use them.
Do you use a VA? How does your virtual assistant help you stay on track?
Communication is key Vicky has noticed that effective communication is the key to building relationships. She makes sure to get to know her clients and their customers as professionals as well as people. She understands how important it is to communicate well to build a band of rock stars.
Have you started building your band of rock stars? Once you find the right members of your band there is no limit to what you can accomplish.
Check out my website if you are interested in FREE resources. Not only do we have financial planning worksheets, but we also have worksheets to help you get started building your own team of professionals. Click here to check them all out!
Resources & People Mentioned * BOOK - Drive by Daniel Pink
Connect with Vicky Sawyer * Total Office Inc.
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Welcome back to the 5th episode in the Virtual Team Series. So far you’ve learned that you need a rock star to help you in your business, you’ve learned where to find that rock star, how to onboard your rock star, and now it’s time to learn how to lead your band of rock stars. I want to make sure that you are learning from the best, which is why I’ve invited Tim Croll on this episode of Solopreneur Money. Tim will teach us 5 essential ways that solopreneurs can manage their team successfully.
You will want to hear this episode if you are interested in... * Tim’s story [3:22] * Lessons from his journey [8:34] * 5 tips solopreneurs can use to manage their teams [11:05] * 4 Keys to personal development [17:50] * Managing things [29:30] * Leading followers [35:28] * Leading other leaders [41:25] * Becoming a mentor [49:12] * The money questions [53:33]
Tim Croll knows how to break down complex ideas into an action plan Tim Croll is a business growth strategist, with extensive experience in E-commerce, entrepreneurship, and organization development. His vast experience ranges from owning a service-based company to building a multi-million dollar e-commerce business. What sets Tim apart from other business strategists is his ability to communicate a complex business strategy into a step-by-step action plan. Are you ready to discover an action plan that will help you lead your band of rock stars?
5 steps to becoming a great leader of your band of rock stars Picture a circle that is divided equally into 5 parts, we’ll call this circle the leadership flywheel. These 5 parts continually build on each other to create greater leadership skills. These 5 pieces are what you can use to help you grow to lead your band of rock stars.
- Learn how to lead yourself. In order to be a great leader, you must focus on the needs of others. Use your power, influence, and money to help benefit others. To do this you need to continually learn and grow personally. You can do this by building a foundation first.
-
- Grow physically - If you don’t take care of yourself physically you won’t have the energy to lead.
- Grow socially - Build your relationships by acknowledging the baggage that you carry with you.
- Grow spiritually - There are ways to grow spiritually whether you believe in a higher power or not.
- Grow mentally - Grow your character and self to sustain your business growth.
- Manage things (not people). You can manage your time, finances, and goals, but not people. Learn how to pay attention to how you use your time by implementing a system that works for you. Create systems and standard operating procedures in your business to lessen the number of decisions you have to make.
- Lead followers. You want to make sure to influence followers in a positive way. Have the character to lead positively. You can do this by using the 5 powers of influence over others: reward, coercion, position, experience, and charisma.
- Lead other leaders. This is when you become begin to develop your leadership team. You’ll train them to become better individuals so they can lead better.
- Be a mentor. When you finally achieve this level you will be ready to lead by experience. It takes time and self-awareness to reach this level.
What were your takeaways? If you are looking for actionable plans to get started as a leader of your rock band then you’ve got to press play. Tim packs a lot into this episode. Make sure to listen until the end to hear what my key takeaways were.
Check out my website to get FREE resources to help you get started building your team. You’ll even find worksheets that can help you reach your financial goals. If you are interested in my financial services email me to schedule a consultation.
Resources & People Mentioned * BOOK - The Slight Edge by Jeff Olson * BOOK - Atomic Habits by James Clear * BOOK - Servant Leadership by Robert Greenleaf * BOOK - From Good to Great by Jim Collins * BOOK - Failing Forward by John C. Maxwell * Tony Dungy
Connect with Tim Croll * TimCroll.com - sign up for his newsletter! * MentorMind
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Welcome back to the 5th episode in the Virtual Team Series. So far you’ve learned that you need a rock star to help you in your business, you’ve learned where to find that rock star, how to onboard your rock star, and now it’s time to learn how to lead your band of rock stars. I want to make sure that you are learning from the best, which is why I’ve invited Tim Croll on this episode of Solopreneur Money. Tim will teach us 5 essential ways that solopreneurs can manage their team successfully.
You will want to hear this episode if you are interested in... * Tim’s story [3:22] * Lessons from his journey [8:34] * 5 tips solopreneurs can use to manage their teams [11:05] * 4 Keys to personal development [17:50] * Managing things [29:30] * Leading followers [35:28] * Leading other leaders [41:25] * Becoming a mentor [49:12] * The money questions [53:33]
Tim Croll knows how to break down complex ideas into an action plan Tim Croll is a business growth strategist, with extensive experience in E-commerce, entrepreneurship, and organization development. His vast experience ranges from owning a service-based company to building a multi-million dollar e-commerce business. What sets Tim apart from other business strategists is his ability to communicate a complex business strategy into a step-by-step action plan. Are you ready to discover an action plan that will help you lead your band of rock stars?
5 steps to becoming a great leader of your band of rock stars Picture a circle that is divided equally into 5 parts, we’ll call this circle the leadership flywheel. These 5 parts continually build on each other to create greater leadership skills. These 5 pieces are what you can use to help you grow to lead your band of rock stars.
- Learn how to lead yourself. In order to be a great leader, you must focus on the needs of others. Use your power, influence, and money to help benefit others. To do this you need to continually learn and grow personally. You can do this by building a foundation first.
-
- Grow physically - If you don’t take care of yourself physically you won’t have the energy to lead.
- Grow socially - Build your relationships by acknowledging the baggage that you carry with you.
- Grow spiritually - There are ways to grow spiritually whether you believe in a higher power or not.
- Grow mentally - Grow your character and self to sustain your business growth.
- Manage things (not people). You can manage your time, finances, and goals, but not people. Learn how to pay attention to how you use your time by implementing a system that works for you. Create systems and standard operating procedures in your business to lessen the number of decisions you have to make.
- Lead followers. You want to make sure to influence followers in a positive way. Have the character to lead positively. You can do this by using the 5 powers of influence over others: reward, coercion, position, experience, and charisma.
- Lead other leaders. This is when you become begin to develop your leadership team. You’ll train them to become better individuals so they can lead better.
- Be a mentor. When you finally achieve this level you will be ready to lead by experience. It takes time and self-awareness to reach this level.
What were your takeaways? If you are looking for actionable plans to get started as a leader of your rock band then you’ve got to press play. Tim packs a lot into this episode. Make sure to listen until the end to hear what my key takeaways were.
Check out my website to get FREE resources to help you get started building your team. You’ll even find worksheets that can help you reach your financial goals. If you are interested in my financial services email me to schedule a consultation.
Resources & People Mentioned * BOOK - The Slight Edge by Jeff Olson * BOOK - Atomic Habits by James Clear * BOOK - Servant Leadership by Robert Greenleaf * BOOK - From Good to Great by Jim Collins * BOOK - Failing Forward by John C. Maxwell * Tony Dungy
Connect with Tim Croll * TimCroll.com - sign up for his newsletter! * MentorMind
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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It may seem funny that a podcast for solopreneurs is talking about building your band (team), but the truth is, to be successful, you have to recognize when you need help. In the previous episodes in the Building Your Band series, we talked about how to know when you need help and how to find a rock star to build your band. Today, you’ll learn how to onboard that rock star to your band.
You will want to hear this episode if you are interested in... * Why you need to share your why with your new rock star [1:42] * How to teach your rock star what to do and how to do it [3:22] * Setting expectations for your rock star [7:35] * The key to ensuring the success of your team [8:50] * Key takeaways from this episode [11:30]
What your newest band member needs to know to get started There are a few things you need to share with your new rock star to make sure that the onboarding process goes smoothly. They need to know the why, what, how, and when of what to do in your business. Without sharing these important details your band will be playing out of tune.
Share your why When you onboard your new band member you need to let them in on your why. Your new rock star needs to understand why they are doing the things you are asking of them.
Share your vision with your new rock star. Explain where you are going with your business, why you do what you do, and who you serve.
People love to buy into a vision and help achieve it. Share your vision so your rock star knows what goal they are working toward.
What will they be doing? Your new rock star can’t perform if they don’t know how to help. Get your list of action items ready if you haven’t done so already. Brainstorm all the ways that you would like your new rock star to help you out. You may want to start them off slowly and give them only a few jobs at a time. Listen in to hear why starting off slowly is so important.
How will they do all they need to do? The how is the part that may take you a bit of work. You’ll need to detail out your workflow and set up a system that they can use to do their best work. The systems you layout will provide the freedom and peace of mind that you are looking for so that you know it is all being done properly.
Document every step of what you want to be done. You can write it down, make a voice memo, or even make a video to explain. Delegate everything you can, but detail out each step that is in your head.
Make sure to exercise patience and grace as your rock star gets started. You want to provide guidance so that they aren’t too afraid to ask you questions when they don’t understand what to do.
Make sure to listen in to hear what else you need to do to onboard your rock star. Don't miss this FREE resource guide to help you get started onboarding your rock star
Resources & People Mentioned * FREE Onboarding Guide * Building Your Band Series Introduction
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Welcome to the 3rd installment of the Building Your Band series. If you haven’t listened to the first two episodes you can start at episode 24. You won’t want to miss out on the valuable information in those first two episodes of this series before listening to this one.
Now that you know you need a rock star for your band and you know how to get started, it’s time to figure out where to look for these rock stars. Join me and Melissa Smith to learn how to find the perfect fit for your growing solopreneur business.
You will want to hear this episode if you are interested in... * Hearing Melissa’s story [2:22] * The biggest challenge Melissa faced in starting her business [8:55] * How Melissa went from an employee mindset to a business owner mindset [11:15] * What Melissa is doing today [19:45] * Where you can go to find your rock star [23:48] * More tips on how to find your rock star [32:09] * Discovering the different ways that a VA can help your business [35:38] * Melissa’s take on the 3 money questions [45:36]
How can Melissa Smith teach you where to find your next rock star? Melissa Smith joins me today to teach you where to look for your future rock stars. Melissa is the perfect guide to help you build your band since she is the founder and CEO of The PVA and The Association of Virtual Assistants. Not only that, Melissa literally wrote the book about hiring the right virtual assistant. You won’t want to miss Melissa’s wealth of knowledge on this subject. When you’re done listening make sure to scroll down to the end of the show notes so that you can link to all the resources mentioned on this episode.
What brought Melissa to where she is today? Melissa knew she wanted to be an executive assistant from a young age. Her mom was an executive assistant and as a girl, she would always marvel at the way people in the office would rave about her mother's work. So you could say that being an executive assistant is in Melissa’s blood.
After completing secretary school, Melissa was an executive assistant for 15 years. But it wasn’t until life circumstances forced her to move across the country that she pitched the idea of going virtual to her boss. He agreed and after completing her year-long contract with that employer it dawned on her that she could do this for herself and be her own boss. Melissa lept headlong into her new business venture and gained clients immediately.
The biggest challenge of becoming a solopreneur It wasn’t until Melissa had been a solopreneur for several months that she discovered her biggest challenge. She realized that she was working harder than ever and had plenty of clients but somehow she wasn’t making enough money.
Melissa didn’t understand what was wrong with her business model. It dawned on her that she had no idea how to effectively run a business, so she did the smartest thing she could have done. She asked for help.
How Melissa’s business coach helped her grow from an employee to a business owner Even though Melissa was an amazing virtual assistant, she was a terrible business owner. She didn’t understand that she had to reframe her thought process from employee to business owner.
She doesn’t consider herself a natural entrepreneur, so it took an amazing business coach to help her understand how to price her services for value so that she could succeed in her business.
Melissa has so much to teach us about hiring the perfect rock star for our bands. Make sure to listen all the way until the end to hear all the tidbits she has to offer as well as my 4 takeaways from this episode.
Resources & People Mentioned * Founder movie * Make Your Mark Coaching by Krista Martin * LinkedIn * Belay * Upwork * Episode 19 - How to Price Your Services for Value and Profitability
Connect with Melissa Smith * Use Melissa’s FREE workbook to make sure you hire the right VA * The PVA * Association of Virtual Assistants * BOOK - Hire the Right Virtual Assistant by Melissa Smith * BOOK - Become a Virtual Assistant by Melissa Smith * Melissa Smith @ThePVA on LinkedIn * @ThePersonalVirtualAssistant on Facebook * @MelissaSmithVA on Instagram * @ThePVA on Twitter
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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In episode 24, you learned how to know when it’s time to hire a rock star and start building your band. Today you’ll learn what comes next. You don’t want to hire just any old rock star! You’ll want to put some thought into the kind of rock star do you need. Do you need a drummer? A bass guitarist? A band manager?
You’ll also need to know the value of your time and more before you run off and hire that rock star. Listen to this episode to discover the steps you need to take to start your band.
You will want to hear this episode if you are interested in... * Learning the steps to take to get your band started [1:32] * Building your vision of your ideal business [4:21] * Learning how to search for your rock star [7:24]
Step 1 - Know the value of your time You need to understand the value of your time before adding anyone to your band. Many people charge by the hour so they already know the value of their time. But if you charge by the project or don’t know what your hourly rate is, then take your annual revenue from last year and divide it by 2000 (most of us work about 2000 hours per year). Go ahead and write it down. Actually, better yet, use my Building Your Band of Rock Stars worksheet.
Step 2 - Create your vision What is your vision for your business? Once you have a vision of what you want to be doing in your business it becomes easier to delegate the rest of your daily tasks. When your vision is clear your decisions are easy.
Create a list of the things you do each day and the things you would do in the ideal week. The difference between the two is your opportunity cost. Write down everything that is on your plate that you would like to delegate to someone who is better at it than yourself. Could you pay someone less than your hourly rate to do those tasks?
Step 3 - Will you hire in person or virtually? Do you want someone to come into your office and work or could they be anywhere in the world? Knowing this will help you narrow down your choices.
Step 4 - What kind of person do you want to hire? Do you need a true rock star or just an average Joe? Do you need someone local, virtual, or even overseas? Do you need someone just to manage your emails and calendar or do you need someone who could effectively run the business while you are traveling the world?
Step 5 search for your rock star Now it’s time to find your rock star. Reach out to your network. Ask your friends. Ask around on social media. Listen in to hear how I found my rock stars.
There are two more steps in this process. Discover what they are by listening to this episode of Solopreneur Money. Also, make sure to check out the next episode with my guest Melissa Smith who literally wrote the book about how to hire a virtual assistant. I’m excited to share her wisdom with you guys.
Resources & People Mentioned * Building Your Band of Rock Stars worksheet * Bottleneck * Athena Executive Services * Belay * Red Butler (now Delegated.com) * BOOK - Hire the Right Virtual Assistant by Melissa Smith
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Even solopreneurs can’t do everything alone. We get to a point where we need support. Over the past 3 years, I have built up a band of rock stars to help me rock my business. Each band member that I have brought on contributes to the success of my band. This is why I want to teach you how to build your own band of rock stars. On this episode of Solopreneur Money, we are kicking off the Building Your Band series. You won’t want to miss it, so press play to get started.
You will want to hear this episode if you are interested in... * Building your band [1:22] * Anna’s story [6:44] * Curiosity as a tool [14:12] * Learning when to level up [20:27] * Hiring a W2 or 1099 [34:58] * The smartest money choice Anna has made [39:30] * Learning from Anna's biggest mistake with money [40:43] * Discovering what mastering finances means to Anna [45:10]
What will you learn in the Building Your Band series? Over the next several episodes we will focus on a different aspect of building your band. You’ll learn how to look for signs that it is time to grow your band, when to add a rock star to your band, how to find the right fit for your band, and how to lead your band. Lastly, we’ll contemplate whether you really want to bring your spouse into the band.
I am so excited to share this series with you. You’ll get to meet members of my band and other professionals that help us examine the myriad things to think about when you realize that to build a successful business, you can’t do everything yourself.
Who is Anna Oakes? Anna Oakes has combined her love for people with her vast experience, both in the corporate and entrepreneurial worlds to become a strategic business advisor. Anna helps entrepreneurs enhance the performance of businesses by focusing on humanity as well as the bottom line.
Anna’s curiosity has led her to be who she is. Everything she has done has stemmed from asking questions. She uses her growth mindset to get better every day and make an impact on the world around her.
How will you know when to level up? Everyone talks about reaching the next level in their business, but how will you know when you’ve reached it? That is up to you. As a solopreneur, often you wear many hats and perform many different roles. But there comes a time when you need to get back in your own lane and do what you do best, leaving the rest of the work to someone else. Listen in to hear Anna describe how self-awareness can help you bring on success in your business.
Don’t miss out on this interview with Anna Oakes! She describes how she uses time blocking to organize her day and help her stay focused. She also explains the difference between your capacity and your capability. Which one should you be leveraging? Find out in this interview!
Resources & People Mentioned * Toggl * Monday
Connect with Anna Oakes * Anna Oakes on LinkedIn * The Oakes Co. website * @TheAnnaOakes and @Oakes.co on Instagram * Oakes Co. on YouTube * Anna’s TedX talk
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook * Follow Gabe on Instagram: @GabeNelsonCFP
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Company-sponsored retirement plans are often people’s only vehicle to save for retirement, so when they take the plunge into self-employment they let their retirement saving fall by the wayside.
Do you have a retirement plan? If you are shaking your head, you are not alone.
When you are in the thick of running your own business, researching a retirement plan is probably the last thing on your mind. However, if you keep putting it off, you will regret it down the road.
On this episode of Solopreneur Money, we’ll explore the options you have to save for retirement so that you can find the one that best fits your goals.
You will want to hear this episode if you are interested in... * Learning the retirement plan options for solopreneurs [1:32] * Understanding the tax ramifications of different retirement plans [3:38] * Discovering my favorite retirement saving vehicle for solopreneurs [7:22]
What are your retirement plan options as a solopreneur? You may think that as a solopreneur you don’t have many choices for saving for retirement. But actually, solopreneurs have 6 options to choose from. There’s the traditional IRA, Roth IRA, SEP IRA, Simple IRA, solo 401K, and the defined benefit plan. Which one is right for you? That depends on your goals.
Questions to consider when choosing your retirement plan When choosing a retirement plan you need to consider many factors. When do you want to retire? What does your cash flow look like? How is your business set up? How do you pay yourself? How much do you pay yourself?
Retirement planning is all about the taxes What are the differences between the 6 retirement plans? It’s all about the taxes. You’ll either get a tax deduction today and pay it later or you’ll pay taxes now and withdraw tax-free down the road.
Most retirement plans available to solopreneurs will provide a tax deduction upon deposit and provide tax-deferred growth. This means that the money will grow without taxes needing to be paid until it’s time to withdraw the money. When you withdraw you will be taxed at your marginal tax rate at that time. This means that when you withdraw money, you will be taxed at a lower rate since you will no longer be working and making as much money as you once did. The math works out well.
In addition to these tax-deferred options, there are options that use after-tax dollars. With these options, you pay taxes on the money now and then you can take tax-free withdrawals when the time comes. Listen in to hear the details about the different retirement plans so that you can discuss your options with your CPA.
Create the retirement of your dreams As a solopreneur, you have the freedom to create the lifestyle of your dreams as well as the retirement of your dreams. Choosing the right retirement plan can give you so many options and allow you to create tremendous wealth which in turn gives you the freedom to create the life you want. I’ve watched it happen and help it happen. It just takes a little bit of planning.
If you need help setting up your retirement plan reach out to me. You can schedule a consultation by clicking start here on my website or send me an email. Check out the links below to get started.
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook
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What would you do with an extra $80,000? I have a client that was trying to figure out exactly that.
He had an extremely successful year and even doubled his revenue from 2019 to 2020. When he realized how successful his business had been that year he called me up and asked me to partner with his CPA to figure out how he could save on taxes. Listen in to hear his story and learn how careful planning could save you money.
You will want to hear this episode if you are interested in... * Learning from 3 tax planning scenarios [1:22] * How investing in your business could save you money [7:40]
Your A-Team can help you come up with a plan The story I share in this episode is a lesson in planning. It also demonstrates the importance of having your A-team in place and ensuring that they communicate with each other. If you aren’t sure what an A-team is and how it is important to your business, check out episode 15.
Working with my client and his CPA we discovered the best ways for him to save on his tax bill. Not only were we able to do that, but we were able to do much more. Listen in to hear just how much more we could do!
3 tax scenarios The CPA and I came up with 3 scenarios that we presented to our client. The options were: do nothing and leave everything the same as in previous years, do a bit of planning and save money, or he could do a lot of planning and save even more money.
Listen to this story to discover how he ended up with a new 4-wheeler, a new SUV, a fully funded retirement account, and cash on hand to tackle business expenses in the coming year.
Plan so that your extra money won’t be a burden Having leftover money is an awesome problem to have, but if you don’t plan how to use the money it could end up weighing you down. This is why it is so important to plan what to do with it -- especially when your business is successful.
Having an A-team in place and orchestrating their communication is what led us to come up with a plan so that he could explore a range of options. We were able to present him with these choices so that he could make the decision that was best for him and his business.
Do you have your A-team in place? I love planning and helping my clients find ways to save money on taxes. Today you’ve heard an example of what I can do to help my clients.
Are you ready to partner with a financial advisor? Do you think I have what it takes to be on your A-Team? If so, head on over to GabeNelsonFinancial.com and click start here. Let’s schedule a meeting to see if we’re a good match for each other.
Resources & People Mentioned * Episode 15 - How to Find an A-Team to Help Your Business Thrive
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook
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Are you confused about switching to an LLC, an S-corp, or maybe even a C-Corp? If so, you are not alone. What are the differences between these options and which one is right for you and your business? That’s what we’re here to find out! If you are trying to understand how to best structure your business to take advantage of the tax opportunities available to you, then press play now.
You will want to hear this episode if you are interested in... * The 2 main reasons to file as an LLC or S-Corp [1:52] * Examples that can help you understand how each type of business works [6:07] * A twist that can save you money on taxes [14:02]
Solopreneurs have 3 choices when it comes to filing their business 1. LLC - The Limited Liability Company (LLC) provides liability protections and has pass-through taxation as if you are a sole proprietor. 2. S-Corp - The S-Corp also provides liability protection and has pass-through taxation, but you can become an employee of your business. This option will require regular payroll and payroll taxes. 3. C-Corp - A C-Corp provides liability protection and is its own entity. The difference is that the corporation has its own tax bracket and its own tax return. It’s as if the company were its own person.
Why register your business as an LLC, S-Corp, or C-Corp? There are 2 main reasons to register your business as an LLC or S-Corp. The first is liability protection. It is important to separate your personal assets from your business and that is exactly what an LLC, an S-Corp, and a C-Corp do. The more successful you are the more important this separation becomes.
Save on taxes The second reason to register your business as an LLC, S-Corp, or C-Corp is because of taxes. Highly profitable solopreneurs are highly taxed and the proper business structure can help you take advantage of tax strategies that could save you money. Listen in to hear examples of how you can structure your business in a way that provides you with the most tax savings.
Use this FREE worksheet to help you choose Obviously, you’ll want to consult with your CPA or tax professional as well as your attorney before making any decisions. The goal of this episode is to arm you with the background knowledge so that you understand your choices. Please use this FREE worksheet to help you walk through some personal examples.
If you learned something from this episode, be sure to hit the subscribe button. Also, please share this podcast with a friend. Let’s get this knowledge out there to help as many solopreneurs as possible!
Resources & People Mentioned * FREE Worksheet - Should you switch from a sole proprietorship to an S-Corp?
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook
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We all have that one client that makes our heart sink every time they call. Have you ever wondered how you can let them go?
Or maybe you have some old clients still with you even after you pivoted your business. Are you wondering how you can transition them out of that old business model and into the new one?
I held on to too many clients for too long until one day I finally learned exactly what to do to let go of the clients that were no longer aligned with my business ideals.
It is scary to fire clients! Listen in to hear how I did it and learn how you can use my process in your own business.
You will want to hear this episode if you are interested in... * Creating options for your clients to choose from [2:12] * Learning how to chat with your clients about your changing business [5:32] * Firing that PITA client [10:47]
Options are key A while back I had transitioned from my old business model to a new one so that I could focus on giving more of my time to fewer clients. But I realized that I had way too many clients that were still clinging to my old way of doing business. The vision I had for my company wasn’t aligned with the reality of my situation. This is when I realized I had to let some clients go.
After agonizing about this and seeking advice, I learned that the best way to do this was to give my clients options. When you give your clients options they have the opportunity to make the decision that is right for them and it takes the onus off of you.
How to handle unprofitable clients There are 2 ways to let go of a client, the first way is to transition them away from your old model. What I did was identify my unprofitable clients and then I created a template to email them all to arrange a time to chat with them personally. Over this phone call, I described the major changes that were occurring in my business. Listen in to learn the techniques I used to have this discussion.
PITA clients are a different story We all have those PITA clients (pain in the ass!). You know the ones -- you dread their phone calls, cringe at their emails, ignore their texts…
Most of the time these clients are the way they are because their expectations are not being met. Whatever those expectations are, the best thing to do is take responsibility. Recognize that they are not a good fit for your business, and set them free.
Use my FREE resource to help you let go of misaligned clients I want to help you create the solopreneur business that you envision and oftentimes this means letting go of clients. Please use this FREE template to help take the stress out of firing a client. Whether they are unprofitable or a pain in your backside it’s important to the success of your business and your own personal happiness to let those stragglers go. Remember, do not let clients rent space in your brain for free!
Resources & People Mentioned * How to Let Go of Misaligned Clients worksheet
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook
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There are many solopreneurs out there that think they are doing well but still cannot afford to scale and grow their business. Why? Lack of profitability.
In this episode of Solopreneur Money, I will show you exactly how you can price your services for value and profitability. You became a solopreneur to create a life you love. Learn how to ensure you are pricing your services correctly so that you can build the life of your dreams.
You will want to hear this episode if you are interested in... * Making sure your business is not a job [1:22] * An example of profitability [5:36] * Finding a guide to profitability [7:13]
Is your business profitable? You didn’t quit your day job just to start another job, did you? As a solopreneur, you have the opportunity to take your business to the next level, but only if it is profitable.
Oftentimes, solopreneurs start their businesses as consultants. Many of these people left their day jobs to strike out on their own, but instead of charging what their old company did for their work, they decide to slash their prices to beat the competition. Sometimes they only charge half (or less than half) of what their old company did. What they don’t realize is that their business will never become profitable using this model.
Successful businesses use the ⅓ rule When you charge a low amount for your services you are only accounting for the job part of your business. You are failing to account for the business part. You must consider your expenses, salary, and profit if you want to create a successful business.
Successful businesses use the ⅓ rule. Of your total revenue, ⅓ should go to profit, ⅓ to payroll, and ⅓ to overhead. You can learn more about using the ⅓ rule by listening to episode 16.
Understand proper pricing for your business To create a profitable business you need to have an understanding of how to price your services. To do this, examine your expenses and your goals to get a clear understanding of the true cost it takes to run your business. Think about your profit, overhead, and payroll. Price your services for value but also so that you can make money and grow your business. Ultimately, you are a solopreneur not to have a job, but to create the life of your dreams.
Check out my FREE guide to profitability To help you understand how to properly price your services I have created this guide to profitability. Check it out to help ensure that you price your services for value and profitability. My goal is to help you discover how you can create a successful business so that you can live the life that you truly want.
Resources & People Mentioned * Episode 16 - Take Action to Tackle Your Business Expenses * How to Properly Price Your Services guide
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook
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Do you ever wonder if there is something more? Are you struggling inside even though everything is going well in your life and business?
This happened to me in 2018, everything was fantastic, I was making money, I spent plenty of time with my family, yet I found that I was coasting through life. I realized that if I wanted to take my business to another level I was going to have to start working on my business and not just in my business.
On this episode of Solopreneur Money, you’ll learn 5 tips to help you take your business to a new level.
You will want to hear this episode if you are interested in... * 5 tips to help you take your business to another level [3:42] * Understanding where your business is at right now [5:12] * Learning how I created my plan [8:38] * Developing habits to lead you to your goal [12:10]
5 tips you can implement now to help you work on your business One of my favorite quotes is from Roy Disney, “When your vision is clear your decisions are easy.” I’ve found that working on my business is much different than working in my business. I used these 5 steps to quit coasting and take my business to a whole new level.
- Understand where you are today. If you want to take your business to another level you first need to know where you are today. You need to have a firm grasp of your revenue, expenses, and profit. Go study your spreadsheets to gain a better understanding of where you are today.
- Know where you are trying to go. Make sure that you understand your why. You need to have a crystal clear vision not just for your business, but also for your life. Where do you want to be in 1 year, 3 years, and 5 years down the road? What will you be doing and how will you feel? When you have reached that vision write down what you feel. What is your BIG why?
- Make a plan. Don’t just keep it in your head, write your plan down on paper so you can refer back to it. Download my FREE one-page business plan to help you craft your vision. Keep it simple. Learn how to systemize so that you can outsource and delegate those nonrevenue producing activities.
- Implement daily habits. This is the most important step to take. Listen in to hear why your habits are the key to your success.
- Revisit and revise your plan, goals, and habits. To keep yourself on track, schedule a quarterly meeting with yourself. Take this time to reevaluate your goals, analyze your habits, and check-in with yourself.
If you are ready to take action, these 5 steps can help you to create the freedom to build the business and life that you really want.
Solopreneur Money can now be downloaded weekly! Good news! Solopreneur Money is going weekly. You can now download this podcast every Monday morning. I want to make sure that I am here to help you continue to master your finances to create the life you want.
Please leave a review of Solopreneur Money on whichever app you use to listen. When you do this and share the podcast with your solopreneur friends you ensure that my message reaches a wider audience.
Resources & People Mentioned * BOOK - The Slight Edge by Jeff Olson * BOOK - High Performance Habits by Brendon Burchard
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook
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Do you like to create a budget? Even though I know they are important, I still don’t like to do them. As solopreneurs, sometimes we can let important tasks like budgeting fall by the wayside. That’s why I’ve come up with 10 best practices to help take the pain out of budgeting. These tips will help you stay on track in your business so that you can create the life that you want.
You will want to hear this episode if you are interested in... * Your vision for your business [1:32] * Separating your business and personal expenses [3:03] * Automating your expenses [5:05]
10 best practices to take the pain out of budgeting for solopreneurs 1. What is your vision? It may not seem like vision has a place when creating a budget, but when your vision is clear your decisions are easy. This is why you need to define your vision first before you even begin your budget. Where are you going in your business? What are you offering? Who are your ideal clients? 2. Separate your business and personal expenses. Do yourself a favor and set up separate business and personal checking accounts and credit cards. This will make it so much easier to track your cashflow. (click here to listen to the cashflow episode!) 3. Run an annual budget and break it into monthly expenses. Make sure to account for emergency savings and big-ticket items when creating your annual budget so they don’t spring up on you unexpectedly. 4. Run an annual estimate of revenues. Bill everyone on the same day each month. This will help you estimate when to expect those revenues. 5. Pay your quarterly tax estimates. You don’t want taxes to become a burden at the end of the year. 6. Save for retirement. Even if it is a small amount, just get started saving. You’ll thank yourself later. 7. Set up an emergency fund for your business. You never know what’s going to happen so you’ll want to make sure that you have 6-12 months’ worth of expenses to fall back on. 8. Automate your business expenses. Setting up automatic payments for your expenses is easy and will save you time. 9. Seek advice. Being a solopreneur can be a lonely journey, do you have a mentor to help you through? A mentor can offer advice to help you through the challenges. You’ll also want to get financial advice from your CPA, tax professional, or financial advisor. 10. Revisit your budget quarterly. Set a quarterly meeting with yourself to make sure that you are keeping your vision in mind.
Create a budget to help you stay on track Budgeting is a continuous work in progress and can change with your business. However, you need to have a clear vision of where you want to go so that your budget can help you create the life you really want. What is your vision? Are you creating a path to help you achieve your ideal life and business?
Head on over to GabeNelsonFinancial.com/resources to get FREE resources to help you stay on track to create the life of your dreams. If you are looking for a way to master your finances reach out via my website. Just click on the Start Here button to schedule a free consultation.
Resources & People Mentioned * How to Manage Your Monthly Cashflow So That You Can Reach Your Goals
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook
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Do you know how much it costs to run your business? Do you have a handle on your expenses? If these questions have you shaking your head or are making you a little nervous then you’ll want to press play to hear how you can take action and get a handle on your cashflow.
I’m Gabe Nelson and I’m here to help you create the freedom in your business to build the life you want. Subscribe to Solopreneur Money so that you won’t miss an episode. Each episode focuses on how you can invest in your solopreneur business and still have time to spend with your family.
You will want to hear this episode if you are interested in... * Discovering the basis of a business budget [1:42] * Learning how you can get a handle on your business expenses [7:12]
Learn how Elaine added $4800 to her 401K in one year Elaine is a successful consultant that works from home. She came to me to learn how to get a better understanding of her cashflow. She wanted to do what she could do to reduce her overhead and create a more secure future for herself. There is a lot you can learn from Elaine and you won’t want to miss her story. Listen in to find out how she was able to add $4800 to her 401K each year and how her story can help you.
Do you know the basis of a business budget? The basis of a business budget includes wages, overhead, and profit. As solopreneurs, the wages are often yours alone, but some solopreneurs hire virtual help or have a small team. Overhead includes any business expenses. Software, phone bills, taxes, travel expenses, and coaching are all examples of overhead. Profit is simply your revenue minus wages and overhead. If you want to learn how to increase your profit you have to have a good understanding of your expenses on overhead and wages.
The ⅓ rule To understand how your revenue should be divided you can use the ⅓ rule. The ⅓ rule is an easy rule of thumb that CPA’s use. It states that you should be spending ⅓ of your revenue on wages, ⅓ on expenses, and ⅓ of the revenue should be profit.
Try it out for yourself. Run your numbers for the past 12 months and look for areas where you can save on overhead. You can use this handy worksheet to help you track your expenses. Drop me a line and let me know how much you were able to save. What did you do with the money?
Investing in your business is an investment in yourself My goal is to teach you how to give yourself more freedom in your business to create the life you want. When you invest in your business then you end up with more time for your family and doing the things you love. Check out my website to discover free resources you can use to help you reach your financial goals. If you would like to work with me shoot me an email so we can set up a consultation.
Resources & People Mentioned * Understanding Your Expenses worksheet
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook
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Do you have an A-team for your business? No, I don’t mean Mr. T and his band of highly trained special forces. I mean your own team of highly trained forces that can help you stay on top of the accounting, tax, legal, and financial obligations of running a successful solopreneur business.
The more successful you are the more confusing your business can become. Your A-team can help you tackle the complexities that arise as you succeed in running your business. Listen in to hear how you can find your own A-team to help you with the intricacies of running your small business.
You will want to hear this episode if you are interested in... * Finding an accountant to help you achieve your goals [2:17] * Ensuring that your attorney can cover all of your legal needs [3:42] * Learning how to choose a financial advisor [6:51] * Creating the freedom to build the life you dream of [10:46]
Why you need an A-team Does it seem like every time you level up in your business new problems arise? Being a successful solopreneur is challenging. You have to stay on top of the accounting, tax, legal and financial obligations that come with running a thriving solopreneur business. If you choose to handle all of these matters on your own you’ll quickly realize that you no longer have time for your actual business.
An A-team is more like a triple A-team since it can consist of an accountant, an attorney, and an advisor. These specialists will guide you in the complex areas that you may not understand well.
What to look for from the members of your A-team When searching for an accountant, look for a CPA who can help you with taxes while providing business advice and guidance. A good CPA spends plenty of time advising small business owners and will be a wealth of information for your solopreneur business. In addition, they can help with payroll taxes and your annual tax returns. The real value of having a CPA comes from the relationship and future planning that you get from regular visits.
You’ll want to make sure that you find an attorney who specializes in small businesses. Your attorney will help you get proper liability protections to make sure you are covered in all the areas you need. They can help you set up the legal structure for your business, create an estate plan, and arrange any agreements you may need.
Find a financial advisor that is a CFP and they will become an invaluable part of your team. A financial advisor is like the quarterback who can see the whole field. They provide an understanding of tax, legal, and estate planning issues. The right financial advisor will work in cooperation with the other advisors on your A-team.
Ask the right questions It’s important to get the right team in place to help you with those questions that you don’t know how to answer. But before you run out and hire the first specialists you meet, you need to take a minute to learn the right questions to ask so that you can vet them well. Find out the questions you need to be asking of potential accountants, attorneys, and advisors by pressing the play button.
I’d like to help you master your finances so that you can gain the freedom to create the life you want. Just click the start here button over at GabeNelsonFinancial.com to start the process. You can use the questions you learned to ask on this episode today plus your own to discover if I would be a good fit for you.
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook
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Megan Spawn is a licensed behavioral health counselor located in Sioux Falls. She provides mental wellness services and therapy for children, marriage, relationships, divorce, and more. I’m excited to have her on Solopreneur Money today to discuss relationships and money for solopreneurs. These two topics can be complicated for anyone, but they can be even more of a challenge for solopreneurs. Learn about money and relationships as a solopreneur from relationship expert, Megan Spawn, on this episode of Solopreneur Money.
You will want to hear this episode if you are interested in... * How Megan got started on her solopreneur journey [2:02] * The challenges of being a solopreneur [5:58] * Financial lessons from a successful solopreneur [9:52] * Relationships as solopreneurs [12:52] * Tools for successful communication [19:55] * Money questions [26:48] * Mastering finances [29:34]
How did Megan get started as a solopreneur? Megan got a taste for entrepreneurship early on by watching her mom successfully open and run 3 different businesses. She attributes this example to the reason she was able to strike out on her own after 8 years as an employee. Megan wanted to make more money and gain more independence and once she realized that she could be making $50,000 more a year by working for herself she was finally able to walk away from the security that the safe route brings.
Lack of confidence can postpone your solopreneur journey Taking the leap into private practice wasn’t easy. She struggled with confidence as a solopreneur. Megan thinks the reason that she didn’t go into practice for herself sooner is due to that lack of confidence. Did your confidence affect your timing of becoming a solopreneur? Even though she was hesitant to start her journey as a solopreneur, Megan says the biggest question she has asked herself is: why didn’t I do this sooner?
As a solopreneur, communication is important to maintaining your relationships Striking out on your own is stressful and can impact your relationships. It’s important to keep the lines of communication open in your relationships. Be prepared to speak up and voice your needs. It’s also important to listen to your partner and understand their needs as well. Listen in to learn how to communicate with your partner
Check out my website to find FREE resources to help you reach your financial goals. While you are there be sure to sign up for my newsletter to stay on top of the latest financial tips for solopreneurs. If you are looking for more one-on-one help email me to schedule a consultation.
Connect with Megan Spawn * MeganSpawn.com * Megan on LinkedIn
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook
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What kind of stories do you tell yourself? Are they filled with negativity and limiting beliefs? Or are they full of positivity and openness? A negative story might be something like this: I can’t be a good mom and a successful entrepreneur. A positive one sounds like this: I know I can be both a fantastic mom and a wildly successful entrepreneur.
Every story of success starts with the right mindset. If you want to set your business up for success then you need to open your mind and let go of your limiting beliefs. Listen to this episode of Solopreneur Money to learn 5 steps you can take to change your mindset.
You will want to hear this episode if you are interested in... * Changing the stories you tell yourself [1:22] * Learning the 2 types of mindset [2:55] * Discovering 5 steps to take to change your mindset [4:08]
Where does mindset come from? Your mindset has developed over your lifetime. It is based on your upbringing, your culture, your experiences, and your education. Your beliefs about success, money, and yourself stem from the way you were raised and the world around you. But the good news is that you can change the stories you tell yourself and your mindset. Rewrite the stories you tell yourself if they don’t serve you. The thoughts and beliefs that you have shaped your habits and your habits create your success.
There are 2 kinds of mindset According to the book Mindset by Carol Dweck, there are two types of mindset: fixed and growth. Someone with a fixed mindset believes they will never be smarter or better than they are right now. A fixed mindset often creates the desire to look smart which means a person with a fixed mindset tends to avoid challenges. They also feel threatened by the success of others and easily get defensive. The worst part about a fixed mindset is that people may ignore useful feedback since they see it in a negative light.
People with a growth mindset understand that intelligence can be developed. The belief that you can change and improve yourself over time with intentional action is based on a growth mindset. People who have a desire to learn and embrace challenges have a growth mindset. They persist in the face of setbacks and see effort as a path to mastery.
So how do you see yourself? Do you have a fixed mindset or a growth mindset? If you are stuck in a fixed mindset, the good news is that you can change! Check out this episode to hear 5 steps you can take to change your mindset.
Open yourself up to success Every story of success starts with the right mindset. If you open yourself up to success then you will be able to change. There are 5 steps you can take to help you change your mindset. Listen in to discover what they are so that you can improve yourself and your business. While you’re here, check out episode 12 with mindset expert, Alyse McConnell.
If you need help mastering your finances so that you can build the life you want then feel free to reach out to me. Head straight to GabeNelsonFincancial.com to schedule an appointment. My website also has loads of FREE resources to help you reach your financial goals. Head on over and take a look around!
Resources & People Mentioned * BOOK - Mindset by Carol Dweck
- Episode 12 with Alyse McConnell
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook
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Alyse McConnell is a mindset expert and executive coach who is here on the Solopreneur Money podcast to help us understand our limiting beliefs.
Alyse started her solopreneur journey years ago when she left her corporate job behind. She didn’t intentionally become a solopreneur, she was just consulting until she could find that next corporate job. But when she discovered that being an executive coach was her calling she never turned back.
Alyse has so much to teach us about mindset, so hit play now to listen to Alyse’s words of wisdom.
You will want to hear this episode if you are interested in... * Alyse’s journey to becoming a solopreneur [3:22] * The challenges that solopreneurship brings [7:52] * Powering past your limiting beliefs [10:58] * Strategies to overcome limiting beliefs[15:49] * Creating a better version of yourself [27:02] * Choosing your own power [34:42]
Are you limiting your business? Alyse has realized after years of coaching, that you can have the best of the best, yet still be far from achieving success. You can have the best strategies, the best systems, and the best tools, but If the mindset part isn’t working it’s very hard to be successful.
What really limits people in business isn’t their tools and systems; it’s their mindset. Have you been trying to get your solopreneur business off the ground, but you find that there is always something holding you back? Alyse may know exactly what that something is.
What are limiting beliefs? Your limiting beliefs may be the one thing that is holding you and your business back. Any belief you have that isn’t actually helping you to create the life you want is a limiting belief.
Limiting beliefs hold you back from bettering yourself. People often have limiting beliefs about time, money, and even themselves. Are limiting beliefs holding you back from achieving your true potential?
Alyse McConnell has some fantastic strategies for overcoming limiting beliefs. Find out how you can master your limiting beliefs and create the life business you really want.
How far can you go without your limiting beliefs holding you back? What if you chose not to believe what you do about money? What if your ideas about time didn’t limit you? What would your life look like? How far could you go with your business if you could get out of your own way? Learn how to overcome your limiting beliefs to make the most of your solopreneur business journey by listening to this interview with mindset expert, Alyse McConnell.
Sign up for my newsletter to get the latest information! Did you like what you heard in this episode and want more guidance? Well, I have a treat for you! I have a book coming out next year where I’m diving into everything solopreneurs need to know to master their finances and create the freedom to build the life they want. If you want to be the first to know when it is available or if you want updates about the book along the way, head over to GabeNelsonFinancial.com and sign up for my newsletter to get the latest.
Got a question? Want to leave me some feedback? Looking to book an appointment? I’m just a phone call away. You can reach out to me anytime at 605-553-9180. I love hearing from my listeners and look forward to connecting with you.
Resources & People Mentioned * BOOK - Pour Your Heart Into It by Howard Schultz
Connect with Alyse McConnell * A2 Coaching Group * Alyse McConnell on LinkedIn * Alyse McConnell on Twitter: @AlyseMcConnell * Alyse McConnell on Facebook
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook
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Are you ready to transition from being an employee to becoming a solopreneur? If so, that means it’s time to get your ducks in a row to make sure that you and your family are prepared financially. There are 7 categories that you’ll want to consider to make sure you are ready to make the leap. You want to ensure that your standard of living stays the same as you make your transition, so listen in to hear all the things that you need to consider before becoming a solopreneur.
You will want to hear this episode if you are interested in... * Making the leap to become a solopreneur [1:42] * The options you have for retirement planning as a solopreneur [4:52] * Understanding your tax burden [11:10] * Creating a support system to help you through hard times [19:02]
The 7 categories to consider before becoming a solopreneur Becoming a solopreneur is not something to take lightly. You are leaving the security of your job behind, yet you still have all the responsibilities. You don’t want to rush in and then crumble under external pressure. Before you leave your position to become a solopreneur, consider these 7 categories.
Cashflow - Do you have the ability to create the revenue you need? Is this a side hustle that you hope to grow, or do you have clients in place ready for you to make the leap? How much money do you think you need to run your home and business over the next 12 months?
Emergency savings - How much emergency savings do you have in place in case your new venture doesn’t pan out as expected? Make sure you have 6-12 months of emergency savings in place. (And the closer to 12 months of savings you can get the better!) Before you wave goodbye to your employer you’ll also want to ensure that you have a line of credit in place as well. The last thing you want to do is depend on your credit card.
Retirement - You probably know that options for your old 401K are to leave it alone or roll it into a Roth IRA, but did you know that you can create your own business retirement plan? Listen in to hear the different options that you have to create your business retirement plan.
Risk management - What threats could derail your financial success? What are your plans for insurance? Health insurance, life insurance, and disability are all important considerations. Getting disability insurance as a solopreneur may be more complicated than you think. Find out why by listening in.
Taxes - Are you prepared for the tax burden that comes with being a solopreneur? Are you aware of the 15.3% self-employment tax? Set aside a separate account to pay your taxes and take pains to reduce your tax burden. You can find ways to reduce your taxes by finding a quality tax professional who specializes in helping small business owners. No one wants to leave the IRS a tip!
Legal - How will you set up your business? Will this be a sole proprietorship, an LLC, an S corp? Do your research to find out the best way to structure your business. Make sure to begin with the end in mind.
Support system - Who are the people you rely on when things get crazy? Find mentors and cheerleaders to help you through the tough times because life as a solopreneur can be challenging.
Check out the free worksheet On my website, you can check out free resources to help you reach your financial goals. Check out the free worksheet that will walk you through these seven steps. You can also email me for more information or to schedule a consultation. Click on the links below to get started on your journey to becoming a successful solopreneur.
Resources & People Mentioned * A resource you can use to ensure you are prepared to be a solopreneur
- BOOK - You Are a Badass by Jen Sincero
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook
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Are you looking for a way to supercharge your life and business? Discover how to implement a morning routine that will put you in the right mindset to ensure that you make the most out of every day you have.
Buddy Rathmell has had a fascinating life. He has hitchhiked across the United States, traveled extensively, started several businesses, and has even started a nonprofit to combat human trafficking. He joins me today to tell me about how his morning routine has changed his life. Sound interesting? Grab your headphones and press play to hear more.
You will want to hear this episode if you are interested in... * Find out about Buddy Rathmell’s journey [2:22] * Overcoming challenges [5:52] * Instilling a morning formula to supercharge your life [8:50] * Discovering the benefits of having a morning routine [12:07] * Morning formula details [15:06] * Getting started with a morning formula [25:35] * The money questions [29:32]
Entrepreneurship has its challenges Even though Buddy has built several businesses from the ground up, they haven’t all been successful. Buddy describes his biggest challenge as staying focused. Since he is an extrovert with numerous big ideas, focusing on one thing can be tough. The way he has overcome his challenges is by having coaches, accountability partners, and by using his morning formula. Discover how Buddy’s morning routine has helped him maintain focus throughout the day by listening to this interview.
How has using a morning formula changed Buddy’s life? Buddy started his morning formula by simply using a day planner where he listed 3 things he was grateful for. This helped him be intentional about planning his day and put him in the right mindset. Since starting his morning formula Buddy has seen a shift in his mindset. He now looks for things he is grateful for. In addition, he is more effective at getting things done. What would be more important to you? A mindset shift or an increase in productivity?
A morning formula can supercharge your life Having a morning routine that supercharges your life is invaluable for solopreneurs. Starting your day by being focused and intentional leads to making the most out of each and every day. If you approach your day with intentionality then that intentionality bleeds into the rest of your day. Even on the days that you just don’t want to do the morning formula, you know that your day will be better by just doing it.
Are you ready to start using a morning routine to help you make the most of your life? Find out how a morning formula has changed both my life and Buddy’s life.
What does a morning formula look like? Your morning formula should be specific to you. Think about what would help you get started and ready to tackle the day. Buddy wakes up sometime between 4-5 am. He always starts the day with a glass of water. Next, come the Bible and prayer. He then writes down his declarations for the day and reads through inspirational quotes. Then he moves on to creating his plan for the day. After his daily exercise then he is pumped and ready for anything. Are you curious to hear what my morning formula is like? Listen in to discover what I do every morning to start my day.
If you are looking for some resources to help you reach your financial goals then stop by my website to find FREE resources! I also welcome communication via email. Don’t hesitate to reach out if you would like to schedule a consultation.
Resources & People Mentioned * BOOK - Miracle Morning by Hal Elrod * BOOK - The Slight Edge by Jeffrey Olson * BOOK - The Happiness Advantage by Shawn Achor
Connect with Buddy Rathmell * LoveToWork.co * Check out these FREE resources that Buddy has shared with our listeners! --- https://www.lovetowork.co/solo
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook
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Are you confused by the complexity of your monthly cash flow and want to make the best decisions for your family? Are you curious as to how best to manage cash flow, pay down debt, and fund your investment accounts while allowing yourself the freedom to make pivots along the way?
On this episode of Solopreneur Money, I walk through a case study to show you how I helped one client increase his monthly cash flow to help him reach his financial goals. Learn how to build a plan to increase your monthly cash flow and execute it by listening to this episode of Solopreneur Money.
You will want to hear this episode if you are interested in... * Learning how to best manage your cash flow [1:22] * Using your goals to help you understand how to manage cash flow [4:40] * Creating a plan for your monthly cash flow [7:19]
How to examine your monthly cash flow Your monthly cash flow is the money left over after subtracting your expenses from your income. It is the amount of money you have left at the end of the month after all of your bills are paid. My goal is for you to find a way to increase your monthly cash flow so that you can achieve your financial goals. Would you like to increase your monthly cash flow? Have you considered how you can get this done?
What does your savings situation look like? Before you can increase your cash flow you should examine your savings. When you look at your savings you’ll want to consider whether you have enough in your emergency fund. I recommend having 6-12 months of expenses stashed away.
You also need to consider whether your retirement savings are on track to reach your retirement goals. How is your kids’ college fund? Is it where you want it to be?
What is your debt situation? Most of us have some kind of debt, whether it is student loans, a car payment, credit card debt, or a mortgage. If you can decrease the amount of debt you have then you can increase your monthly cash flow. Look at your monthly bills to find ways to eliminate your debt.
Could you use some of your emergency savings to pay off your car? Could you refinance your mortgage to lessen your payments or take years off your loan? How would eliminating debt help you to reach your financial goals?
Come up with a plan Before you come up with a game plan, first consider your goals. What are your financial goals? Would you like to retire early? Would you like to invest more outside of your retirement accounts? Would you feel more comfortable with a bigger emergency fund? Once you consider your financial goals then you can come up with a plan to help you reach your goals.
If you would like some help with coming up with your own financial plan check out my website to discover free resources. Shoot me an email if you would like to work with me. We can schedule a consultation to get you on the right track to achieving your financial goals.
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook
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Have you been furloughed, laid off, or terminated due to COVID? Are you an out of work marketing consultant? If this sounds like you, then this is the episode for you.
If you are a want-to-preneur (someone who has always wanted to start their own business), then this is an amazing time to take the leap and create the life you have always dreamed of.
If you are interested in learning how the CARES Act can help you get started then grab your headphones and press play now.
You will want to hear this episode if you are interested in... * Being your own boss [1:22] * Using the cares act to help you start your own business [2:19] * Discovering who can help you get started [5:14]
Are you a want-to-preneur? Have you always wanted to be your own boss? Do you dream of striking out on your own and taking care of your own clients? If you have been furloughed, laid off, terminated, or had your hours reduced, then this is actually the perfect time for you to take that leap.
If you think that you can really make a go of starting your own business, then now is the time. Discover how the government has created the perfect environment for you to get your business started while at the same time continuing to support your family.
How the CARES Act can help you start your own business If you want to start your own firm then the perfect time is right now. The government has just given you a gift in the form of the CARES Act.
The CARES Act allows you to take withdrawals out of your retirement plan so that you can continue to support your family or invest in your business. According to the CARES Act you can take up to $100,000 out of your retirement account and pay it back over the course of 3 years without any taxes or penalties.
However, you’ll need to listen in to find out why it is extremely important that you work with a competent tax professional.
What are the qualifications for using the CARES Act? Using the CARES Act to withdraw funds from your retirement accounts does have its limits. There are certain qualifications you must meet to be able to use the CARES Act.
To qualify you or someone in your family must have been diagnosed with COVID-19 or been furloughed, laid off, or had a reduction in hours. Additionally, if you were unable to work due to a lack of childcare you could qualify as well.
Some of the most successful companies were born in recessions You may be thinking I’m crazy. What kind of financial advisor suggests tapping into your retirement plan to start a business during a recession?
The truth is, you’ll have to dig deep, but if you think that you can really make a go of starting your own business, then now is the perfect time!
Actually, some of the biggest, most well-known companies were created in recessions. AirBNB, Venmo, and Uber came out of the 2008 recession. Microsoft, Burger King, HP, and Trader Joe’s are other well-known brands that were born in trying financial times.
Taking money out of your retirement plan is very serious and not something to be taken lightly. If you need help getting started, then please, feel free to email me to schedule a consultation. I’d love to help you become the successful solopreneur that you know you can be.
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook
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Have you been furloughed, laid off, or terminated due to COVID? Are you an out of work marketing consultant? If this sounds like you, then this is the episode for you.
If you are a want-to-preneur (someone who has always wanted to start their own business), then this is an amazing time to take the leap and create the life you have always dreamed of.
If you are interested in learning how the CARES Act can help you get started then grab your headphones and press play now.
You will want to hear this episode if you are interested in... * Being your own boss [1:22] * Using the cares act to help you start your own business [2:19] * Discovering who can help you get started [5:14]
Are you a want-to-preneur? Have you always wanted to be your own boss? Do you dream of striking out on your own and taking care of your own clients? If you have been furloughed, laid off, terminated, or had your hours reduced, then this is actually the perfect time for you to take that leap.
If you think that you can really make a go of starting your own business, then now is the time. Discover how the government has created the perfect environment for you to get your business started while at the same time continuing to support your family.
How the CARES Act can help you start your own business If you want to start your own firm then the perfect time is right now. The government has just given you a gift in the form of the CARES Act.
The CARES Act allows you to take withdrawals out of your retirement plan so that you can continue to support your family or invest in your business. According to the CARES Act you can take up to $100,000 out of your retirement account and pay it back over the course of 3 years without any taxes or penalties.
However, you’ll need to listen in to find out why it is extremely important that you work with a competent tax professional.
What are the qualifications for using the CARES Act? Using the CARES Act to withdraw funds from your retirement accounts does have its limits. There are certain qualifications you must meet to be able to use the CARES Act.
To qualify you or someone in your family must have been diagnosed with COVID-19 or been furloughed, laid off, or had a reduction in hours. Additionally, if you were unable to work due to a lack of childcare you could qualify as well.
Some of the most successful companies were born in recessions You may be thinking I’m crazy. What kind of financial advisor suggests tapping into your retirement plan to start a business during a recession?
The truth is, you’ll have to dig deep, but if you think that you can really make a go of starting your own business, then now is the perfect time!
Actually, some of the biggest, most well-known companies were created in recessions. AirBNB, Venmo, and Uber came out of the 2008 recession. Microsoft, Burger King, HP, and Trader Joe’s are other well-known brands that were born in trying financial times.
Taking money out of your retirement plan is very serious and not something to be taken lightly. If you need help getting started, then please, feel free to email me to schedule a consultation. I’d love to help you become the successful solopreneur that you know you can be.
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelsonCFP * Follow Gabe on Facebook
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This has been an unprecedented year for many businesses and youth sports have been no different. I was curious about how youth sports were impacted by COVID-19 so I invited James Oppenheimer to join me to discuss the business side of youth sports. James is the Director of Operations at the Dakota Alliance Soccer Club, the largest youth sports organization in South Dakota. He joins me to discuss the changes that have come about, what’s next in youth sports, and how conservative fiscal management saved the organization when COVID hit.
You will want to hear this episode if you are interested in... * Youth sports [5:12] * The changes that have been made in youth sports [9:19] * What sanctioning means and how it impacts soccer [11:47] * Discovering what to expect from team sports this fall [14:35] * Preparing for a rainy day [17:09] * The effects of COVID on travel sports [21:43]
What changed in youth sports as a result of the pandemic? Although many games and even whole seasons were canceled, the quarantine forced coaches to get creative. Coaches learned how to hold Zoom workout sessions and kids went from having games every weekend to learning to dribble in the living room.
Now that this precedent has been set there will no longer be canceled practices due to inclement weather. Coaches can just turn to Zoom to hold practice sessions.
Another positive change that came about was that the social distancing measures allowed coaches to focus on teaching the technical side of the game. Without much else to focus on these workouts have enabled the coaches to help kids build their technical skills.
What measures have been put in place to ensure a safe return to youth sports? Organizations were hesitant to return to in-person practice. Nobody wanted to be the first one. Before any sports teams could return to play they had to have specific plans in place to present to the city. These specifications included small group practices with no contact and sanitized soccer balls and cones.
The well laid out guidelines allowed the soccer organization to prepare for the inevitable. When a player was eventually diagnosed with COVID-19 the team knew just what to do since the guidelines were well laid out.
What to expect moving forward in youth sports It’s hard to know exactly what is in store for youth sports in the future but you will continue to see social distancing measures in place. Slowly measures will be scaled back to allow for more contact, games, and eventually, travel. Sports will limit the number of spectators allowed to games. Games will probably begin recreationally at a very local level. Since many families are still uncomfortable with travel, out of town games will be limited.
How has the slow down of youth sports impacted your life? Would you like to see a return to games or would you rather ease into things slowly?
How did conservative money management help the organization? No business can prepare for a complete shutdown, but it certainly helps to be prepared for a rainy day. James remarks that the Dakota Alliance is still afloat thanks to conservative fiscal measures. The organization had a nest egg to rely upon when things got tough. They were also helped by donations. Many parents chose to donate their season’s fees rather than being reimbursed for the canceled season.
Was your business set up to handle tough times? How has it weathered COVID-19?
Check out my website to discover FREE resources to help you reach your financial goals. Learn how to master your finances so that you have the freedom to invest in your business. To get more information reach out via email or try scheduling a consultation via my website. All links are shared below.
Connect with James Oppenheimer * Dakota Alliance Soccer Club * Dakota_Alliance on Twitter * Dakota_Alliance on Instagram
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelson1 * Follow Gabe on Facebook
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Do you want to increase your revenue? Do you want to have the financial freedom to live the life you deserve? In this episode of Solopreneur Money, I share my five steps to help you increase your revenue and build your business!
If you want to earn more money take your business to the next level, this episode is a must-hear!
You will want to hear this episode if you are interested in... * Owning up to what you don't know [00:52] * Pulling your expenses and looking at the big picture [1:52] * Figuring out your average cost per client [2:25] * Analyzing your data to understand where your money is going [3:19] * How to accurately price your services [3:34] * Building a plan to make sure all of your clients are profitable [4:32] * Execute a plan to create more revenue [4:59] * The five steps to help you generate more revenue [5:38]
You will increase revenue with these five steps Ask yourself these questions: How much does it cost to run your business? What is your profitability? Is your pay your only profit?
The first step to mastering your finances is owning up to what you don't know. There's no shame in not knowing how to do something!
You will learn to understand your business's financials with these five easy steps. When you implement them, you will make your business even more profitable:
- Step one: Your total expenses for the prior year and cost per client or customer,
- Step two: Understanding your revenue by calculating revenue by client
- Step three: Analyze your data and do quick math to find your profit margin
- Step four: Develop a better plan that will help you make necessary changes
- Step five: Execute the plan to better your business
Additionally, when you price your services consider the following:
- ⅓ should go to overhead like software and other fixed expenses
- ⅓ should go to payroll including yours and those you outsource
- ⅓ should be focused solely on profit.
When you consider these factors, you will have a clear understanding of what you should be charging your clients.
What to change to build your business What can you control? To start, you can decrease your expenses and increase your revenue for each client!
To make this change, start with one thing and then work from there. What is the easiest place you can affect change? Raise your prices on unprofitable clients! Draft a letter to them, letting them know about the fee increase.
Don't be embarrassed if your business isn't performing how you want. When you make these changes, you'll reap the rewards and live the life you deserve.
How to take action and build your business Take action with what you've learned. You can have the freedom you desire with your business by implementing these five steps. These tips can help you turn your business around and generate more revenue from each of your clients.
- Figure out your revenue and expenses
- Understand your revenue and cost per client
- Analyze your situation
- Build a plan to improve your situation
- Execute your plan
Visit my website for a FREE PDF calculator and other useful resources to help you reach your financial goals. You can also email me for more information or schedule a consultation by visiting my website. All links are shared below.
Resources Mentioned * FREE downloadable PDF Calculator
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelson1 * Follow Gabe on Facebook
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Regardless of what your role is in business, an economic recession is scary. You never know when one is coming, but by properly preparing ahead of time you can ensure your business's survival regardless of what the economy does. In this episode of Solopreneur Money, I interview successful CPA Solopreneur, James Buss, about how you can prepare for the unexpected and recover after the fact if needed.
If you want to set your business up to survive the toughest of times, choose the right program or loan to keep you afloat, and hear some tips on how to take care of yourself first, this episode is a must-hear!
You will want to hear this episode if you are interested in… * Tips to help you build your business successfully [3:58] * How to overcome challenges as a Solopreneur [5:27] * Valuable lessons learned along the way [7:36] * What a PPP is and how to use it effectively [11:14] * The definition and professional insight on an EIDL [13:22] * The safe harbors in place to keep you honest with the PPP loan [19:23] * An example of civil and criminal penalties of misusing a PPP loan [22:24] * A story about the EIDL and why it's a dangerous option [25:29] * Smart money tips from a successful Solopreneur [28:44] * Preparing your business for interruptions or economic recessions [30:57] * What "mastering your finances" means to a successful CPA Solopreneur [36:49]
Lessons learned from a successful Solopreneur Whatever business you're in, it can seem impossible to decide where to start. James' tips for a successful beginning are:
- Have a stable platform in place before you branch out on your own
- Have a good banker, financial planner, and attorney lined up
- Don't jump too early or make rushed decisions
- Have some clients in place ahead of time and then grow from there
When it comes to starting your own business, having knowledgeable people to back you up like a banker who knows startups, an attorney to keep things legal, and a team of people that support your dream is valuable for your success. Even as a Solopreneur, you can't do everything completely alone, so take advantage of the people on your side and work together to achieve your success!
Unfortunately, knowing how to run a business, do taxes, and all the laws involved isn't natural to most of us. It takes work to get ahead and the technology available to help you achieve success is improving every year. Use these resources to make your business efficient and reduce the risk of user error. It's also essential to monitor your expenses and income by having your books done regularly. Regular monitoring will help you stay on top of everything and make sure you are prepared for any economic climate.
PPP (paycheck protection program) The PPP assists businesses that are struggling to stay staffed during a pandemic or other urgent shutdown. While suffering through a recession has its challenges, one of the hardest things is re-staffing your company afterward. This program is the most popular loan package as it has the most significant forgiveness plan.
If you choose to go this route or have already received this assistance, keep the money you receive into a specific account just for your PPP funds. Don't keep this money combined with your payroll because some pieces aren't forgivable and it will quickly become difficult to track the funds if they aren't allotted separately. When it comes time to do your payroll, you can transfer necessary funds in your payroll account, but for peace of mind, don't keep the funds together during regular business. It's also essential to have accurate documentation of your money movement to track all of your allotted funds to turn them into the bank for forgiveness.
Some other things to keep in mind are:
- Don't give out bonuses or play games with your payroll! There are safe harbors in place and you WILL get caught!
- Do your payroll as you've always done it and you should be fine!
If you get caught misusing your PPP, there is a high risk that the loan won't be forgiven, and civil and criminal penalties could be tacked on. When used correctly, most Solopreneurs will receive forgiveness for the notes they've taken out as long as they use them appropriately.
EIDL (economic injury disaster loan) In addition to the PPP, another assistance option during challenging economic climates is the EIDL. This option allows you to borrow more money, but depending on the amount you take out, you may have to provide collateral. This option could also make it harder to take out a loan in the future, even if what you need is business-critical.
The EIDL is a long term note, it WILL go on your books, and it's NOT forgivable. So before you do anything, talk to your banker! If you do choose to take out this loan, remember that you don't have to take the total amount offered; you can go from $0-max, so carefully consider what your business needs to transition through an economic recession and do the work to keep it as low as possible.
Surviving an economic recession as a Solopreneur James's most valuable money tips are:
- Putting a simple IRA in place
- Transitioning to a 401k
- Paying himself FIRST
- Investing more in his retirement
Before the first of the year, make a budget incorporating what you need for retirement. Make sure your business is prepared for economic recessions by implementing software that lets you work from anywhere. To James, mastering his finances means giving your money a job and having it work FOR you, rather than trying to figure out where it went!
Three crucial takeaways from this interview:
1. Keep accurate records If you choose to use the PPP, set up a separate account and move money back and forth when you're ready to pay your team, also, work with professionals to keep all of your essential details in order.
2. Be wary of the EIDL If you need to utilize this loan, be very careful about how you use it. Talk to your banker FIRST, make sure you use it appropriately and do your research before you accept the amount you need to keep your business running.
3. Pay yourself first Make sure you are adequately paying yourself and preparing for your future! Start funding your retirement and save as much as you can.
Visit my site for FREE resources to help you reach your financial goals. You can also email me for more information or schedule a consultation by visiting my website. All links are shared below.
Resources Mentioned * QuickBooks Online * Lendio * Rootworks
Connect with James Buss * James' Website: https://busscpa.us/ * Follow James on Linkedin * Follow Buss CPA on Twitter: @BussCPA * Follow Buss CPA on Facebook
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelson1 * Follow Gabe on Facebook
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At any stage during your Solopreneur journey maintaining a success mindset may seem challenging. However, with the right preparation and motivation you can set yourself up for success. In this episode, retired pastor turned Solopreneur, Carey Green, shares his journey to starting his business and tips to help you stay on track.
For many of us, the natural progression of our career often leads to becoming a business owner. But sometimes the journey we take is more organic, unfolding in unique and unexpected ways. If you are interested in an exciting look at this Solopreneur's journey and his valuable insight, you won't want to miss this episode!
You will want to hear this episode if you are interested in... * An inspiring journey to Solopreneurship [2:52] * Following your calling [6:59] * Repositioning yourself for the next phase of your career [10:40] * Learning how to shift your mindset to success [16:06] * Smart moves to scale your business [20:27] * Money mistakes and how to avoid them [22:47] * Preparing your business for the unexpected [26:08] * Learning how to master your finances [30:47]
How to know when it's time to move on In most careers, leaving your job doesn't impact many people. But in Carey's case, his decision to step down from his role as a pastor was made after careful consideration for his congregation. But after he decided to leave, the hardest part was picking what to do next!
Initially, he decided to pursue a few different paths before realizing that his audio editing skills had followed him throughout his career. So, he created a podcasting business that he's been able to scale to meet his many clients' needs successfully.
Learning from your mistakes As a business owner, a lot of weight falls on your shoulders to not only build a business but to cover all of your bases as well. When asked what the smartest thing was he has ever done for his company, Carey said it was deciding to bring on a team. Solopreneurs often want to default to doing everything themselves. But by bringing on help he's been able to focus on higher-value tasks and his team alleviates the pressure elsewhere.
On the flip side, Carey said his biggest money mistake was hiring too many people too fast. Early in his business, he knew he needed help, but without the right systems in place, he could not support them all. One of the best things about being a Solopreneur is having the time to do the things we enjoy, having a team can help you maintain that lifestyle.
Moving forward with a success mindset A success mindset doesn't mean that you make something up that you want and say it until it comes true. The action you take to reach your goals is a combination of belief and effort, which will lead to success!
To prepare your business for any potential changes, understand how and when things shift throughout the year so you can adjust accordingly. It's also crucial that you learn how to master your finances so you don't become a victim to your budget, salary, or an empty savings account.
Your mindset about money should be, "anything is possible!" As your business grows, consider delegation so you can focus on the aspects of your business that need your unique expertise. But, make sure you have the right systems in place first!
Resources & People Mentioned * Audacity * Lehman Brothers
Connect with Carey Green * CareyGreen.com * Podcast Fast Track * Pass the Safe Exam * Podcast: The Morning Mindset * Podcast: Christian Home and Family * Follow Carey on Facebook * Follow Carey on Twitter: @withCareyGreen
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelson1 * Follow Gabe on Facebook
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If you want to avoid business interruption, you need to prepare for any unforeseen events NOW. As Solopreneurs, we don't have the assistance of an employer to make sure we're covered in an emergency. It's on us to make sure that we have the proper coverage for ourselves and our businesses.
In this episode, I'll cover important savings tips to keep your business running in the event of an emergency, key insurance accounts to keep you covered, and tips and tricks to protect your cash flow. If you'd like to learn how to master your finances, build the life you want, and make sure your business can continue after an unforeseen event, this episode is a must-hear!
You will want to hear this episode if you are interested in... * Learning how to prepare yourself for the unexpected [0:53] * How much emergency savings to set aside [1:42] * Health insurance tips to make sure you have the right coverage [1:51] * Taking advantage of a Health Savings Account [2:04] * Making sure you have the right coverage with your life insurance [2:48] * What disability insurance is and why you need it [3:29] * Learning how to protect your cash flow [5:23]
Emergency savings and health insurance coverage In the event of an emergency, I always recommend that my Solopreneurs have 6-12 months of living expenses set aside as savings. Your emergency savings should cover all of your bills in the event of a disruption to your work.
For health insurance, I recommend high-deductible health insurance plans with a health savings account (HSA). This combination will allow you to take advantage of the lower premium and triple tax benefits of the HSA. The HSA also allows a tax deduction every year for funding the account up to the maximum level. To contribute the maximum amount, you need to have the highest deductible plan designed for the HSA.
There are additional tax benefits when you go this route:
- Tax-deferred growth
- Tax-free withdrawals for health care expenses
- Can be used tax-free during retirement
Preparing yourself with the right insurance accounts Life insurance isn't an easy topic of conversation, but it's crucial to make sure that your family and your debts are taken care of in the event of your passing. I recommend that your life insurance policy cover somewhere between 5–10 times your annual income.
For a more precise number, consider a figure that includes things like:
- Covering all of your debt
- College for your kids
- Making sure your income continues for a specific number of years
Have you considered disability insurance coverage? This coverage replaces your income if you're not able to continue doing your daily tasks to maintain your business. Most policies cover about 60% of your income, for as long as you're disabled and unable to do your work. Make sure that you have the "own–occupation definition of disability" on your policy, which means that you're unable to perform the essential duties of your occupation, but you can still do something else. The policy will then pay you your disability benefits AND you'll get the additional payout.
How to avoid business interruption and protect your cash flow Comb through your monthly expenses to determine what you no longer need. Pull out your bank statements to see what programs, subscriptions, software, etc. that you aren't using anymore and get rid of them. Set a goal amount for yourself like a 5-10% reduction to stay focused on your goal of saving money. You can always resubscribe or rejoin if you determine you need something again, but the savings you experience may help you decide HOW essential that piece is to your business.
Do you have clients that you are undercharging or that aren't profitable for you? These partnerships are a drain on your cash flow. If you identify some, make a plan to raise their fees and revenues so they're closer to your other clients. You can also consider what other services or add-ons you can offer your clients to boost your income. Finding ways to build your services is the key to long term business protection.
For a FREE worksheet to help you inventory and evaluate where you are with your business preparedness, check out the "connect" section below. You can also email me for more information or schedule a consultation by visiting my website, linked below.
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * FREE Downloadable Resources at https://www.gabenelsonfinancial.com/resources/ * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelson1 * Follow Gabe on Facebook
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When it comes to your business, having a success mindset can help you overcome anything. Wherever you are in your journey, you need to BELIEVE in the success of what you're doing. In this episode of Solopreneur Money, I'm talking with Gene McNaughton who helped Gateway Computers become a billion-dollar business, worked alongside famed life-coach Tony Robbins, and then left it all to carve his path as a Solopreneur.
Your mindset is a powerful tool to help you succeed in life and in business. If you believe you can succeed and you put in the time and effort it requires, you can achieve anything! In this episode we discuss the power of a success mindset, planning for the unexpected, and investing in yourself. If you're ready to win big with your business, this episode is a must-hear!
You will want to hear this episode if you are interested in... * Learning how to grow your skills to be better at your job [4:10] * Moving on from financial missteps to pursue new opportunities [5:59] * Discovering the mindset of success [7:29] * Learning how to spot patterns in life to anticipate drastic financial changes [12:20] * Transitioning your goals from dabbling to committing to completing [21:22] * What you can do to set yourself apart from your competition [24:18]
Grow yourself to grow your company When you transition from working for someone to being your own boss, you may experience many unforeseen challenges. Learning what steps to take to get where you want to be will ease the process, but how do you figure out where to start? When your livelihood relies on your business entirely, you can't afford to learn as you go. You have to try to stay ahead of the curve to avoid potentially expensive mistakes.
To do this, study trends in your market and look back historically at what your industry has done. About every 10-years we experience a drastic shift across all markets. Planning for potential losses can ease you through any challenges you may face. Gene quotes The Law of Attraction, stating, "What you think about the most, you tend to attract into your life." Apply this to your business by paying attention to the small details and figuring out what you don't know. Don't wait until you need something to try and figure out how to do it!
Finding financial freedom and investing in yourself Any time you work FOR someone you will forever be focused on their goals and helping achieve them. When you decide to pursue YOUR vision, you have the financial freedom to proceed how you want.
Gene recommends all professional Solopreneurs keep these two things in mind:
- The science of achievement
Learning the science of building businesses and relationships will help you achieve your goals. YOU can create the outcome that YOU want!
- The art of fulfillment
What does a fulfilled life look like to you? Perhaps it's happiness, reduced stress, and being able to surround yourself with uplifting people. When you focus your energy on those details you receive them!
But what do you do when a financial crisis hits? When you're a Solopreneur, it's on YOU to navigate the peaks and valleys of your business. Plan for those times by making changes today that can have a lasting impact: save money, cancel unused memberships, and trim unnecessary spending to help you adjust when needed. As we've seen over time, there will always be another shift in the market. By making adjustments now it will be easier to pull through with your business intact.
How a success mindset can move you from dabbling to committing Most people dabble in a variety of different things regularly without making the commitment to complete the task. What would happen if you made the decision today to finish something that you've been wanting to for a while? People radically overestimate what they can do in 30 days, but then underestimate what they can do in a year, or even two years! To reach your goals take the time to plan out the steps you need to take to get there and hire help when needed.
Another area that people tend to undervalue is self-education. The skills you can learn by continually pushing yourself forward is what will separate you from your competition. Commit a little time regularly to build on the skills you need or want and don't settle for free or novice tutorials. Invest in yourself to learn the skills the RIGHT way!
Resources & People Mentioned * Gateway Computers * PC Magazine * Tony Robbins * Chet Holmes * Book: How to Win Friends & Influence People, By Dale Carnegie * Book: Think and Grow Rich, By Napoleon Hill * Jim Rohn * Zig Ziglar * John Assaraf * Film: The Secret * Oprah Winfrey * Tai Lopez * Scribe Media
Connect with Gene McNaughton * Gene’s Consulting Company: Growth Smart Consulting * Follow Gene on Twitter: @GeneMcNaughton * Follow Gene on Instagram * Follow Gene on Facebook * Gene McNaughton’s book: The Sales E.D.G.E: Your Ultimate Guide to Finding, Keeping, and Growing Accounts * + Get Chapter 7: How to Run the Perfect First Meeting, for FREE at http://www.thesalesedge.co/
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelson1 * Follow Gabe on Facebook
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Do you know how to take advantage of all the wealth creation opportunities available during a volatile stock market? Solopreneurs, by nature, tend to work alone and bear the burden of financial crises. Unfortunately, this can lead to panic selling of everything we’ve achieved. Financial struggles can trigger an intense fight or flight reaction inside of us which could lead to drastic changes in how we approach our businesses.
Do you want to learn how to avoid this instinct that we all may face during these difficult times? Are you interested in developing some wealth-building strategies and learning my secrets to emerging from challenging economic situations with your business still intact? Read on and listen to this episode for some approaches and tactics for wealth creation you can implement today!
You will want to hear this episode if you are interested in… * Reasons the stock market goes through volatile cycles [0:49] * My 3 “Ps” to avoiding a fight or flight reaction [2:35] * What you can do today to generate wealth creation [6:28] * Two bonus “Ps” to consider [8:13]
The three “Ps” to help you avoid a fight or flight reaction How can you rewire yourself to avoid making a drastic decision when economic conditions are not looking good?? Here are three steps that I go through with my clients that can help calm your nerves and keep you from making rushed decisions.
- Purpose
What is the purpose of your investments? Think about why you decided to invest your money in the first place and then ask yourself if you will have time to recover once the market comes back up. Revisit your WHY, and weigh the impact of possible debt and interest rates against your intended results over time.
- Perspective
What do your investments mean to you? Get an understanding of how these changes affect your lifestyle TODAY, and how they will affect you in the future. Try to gain perspective of wealth creation opportunities and focus on what IS possible, rather than focusing on potential losses.
- Proceed
Make a plan, and then put it into action. Now that you remember why you made your investment and you’ve gained perspective on all the pieces moving in the background, it’s time to move forward. Take productive action that will keep you on the path towards your goals and help keep you focused on your intended results.
What can you do today to jumpstart your wealth creation? Are you ready to take action? Here are some great ways you can move pieces around immediately for impactful, long-term results.
Invest in wealth-building opportunities while the market is down:
- SEP IRA
- Solo 401k
- Profit-Sharing plan
- 529 plans for your kids
What are some other actions you can take to relieve the stress of this volatile market and bring you peace of mind?
- Turn off investment-news TV and limit your media intake
- Go back to work to take steps towards creating the life you want
- Go through your monthly expenses and get rid of anything you don’t use, or you can do without (apps, memberships, streaming services, etc.)
Bonus: Two more “Ps” to keep you on the path to success As the market fluctuates, you should keep these two Ps in mind as well:
- Paper losses
One of my clients calls this “ghost money,” because you don’t see any gains or losses until it’s time to use it for its intended purposes. A paper loss is only on paper, you will only see the loss or gain in value when you go to sell.
- Purchase
Look at your purchases as an opportunity to take advantage of market volatility. What wealth growing opportunities could you invest in to make the most of this time? Could you put more money into your current investments or maybe open up new ones?
This time could be one of the most significant wealth-building opportunities of your life, so take advantage of it today!
Resources Mentioned * Download the free, 3-step worksheet at www.gabenelsonfinancial.com\resources
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * EMAIL: Gabe(at)GabeNelsonFinancial(dot)com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelson1 * Follow Gabe on Facebook
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As you might imagine, I’ve been taking lots of calls from clients lately, every one of them concerned about the COVID-19 pandemic and what it means for them financially. I’m happy to give my opinion and counsel on those matters, but it seems more important to first get a handle on the emotional and mental side of life. We make much better decisions when we’re in a good place in that respect.
To that end, I recently sent a letter to all my clients. This episode is that letter. It’s my view on how we all need to be thinking, taking care of ourselves, and then taking action. I hope you find something that’s helpful.
You’ll be interested in this episode if you… * Want to hear about action items you can do to get through this pandemic [0:51] * Would like to avoid fight or flight mode and do something productive [1:55] * Need to discover ways to manage the stress better and take advantage [2:45] * Want some financial tips to take advantage of the current economic situation [3:19] * Would appreciate knowing how the current situation is NOT impacting my clients [5:01]
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelson1 * Follow Gabe on Facebook
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We live in a funny world—one where entrepreneurial motivations are often characterized as greedy and unfeeling. But that's not the truth in most cases. What motivates most entrepreneurs to start their own business is not the money or success, it’s something much more fundamental to the human spirit—FREEDOM.
If you find yourself longing for more freedom for yourself and your family, I believe that what happened in my life will serve as an illustration of what can happen for you. It's not a path everyone is wired to take but for those who are ready and willing, it's a path that leads to a lifestyle of freedom.
You will want to hear this episode if you are interested in... * How I was prompted to start my own firm— and how it relates to you [1:31] * Avoiding the mistakes and pitfalls of starting your own business [2:30] * Becoming the best version of who you were made to be [3:21]
Connect With Gabe Nelson * www.GabeNelsonFinancial.com/contact * EMAIL: Gabe (at) GabeNelsonFinancial.com * Follow Gabe on LinkedIn * Follow Gabe on Twitter: @GabeNelson1 * Follow Gabe on Facebook
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